misk@sopuli.xyz to Business@lemmy.worldEnglish · 5 months agoUS announces higher China tariffs, including 100% for EVswww.dw.comexternal-linkmessage-square7fedilinkarrow-up136arrow-down10
arrow-up136arrow-down1external-linkUS announces higher China tariffs, including 100% for EVswww.dw.commisk@sopuli.xyz to Business@lemmy.worldEnglish · 5 months agomessage-square7fedilink
minus-squareBye@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down2·5 months agoBecause of environmental and labor cost differences. Chinese companies can pay lower wages and pollute more freely compared to US and European companies. So a tariff offsets those advantages.
Because of environmental and labor cost differences.
Chinese companies can pay lower wages and pollute more freely compared to US and European companies. So a tariff offsets those advantages.