Reported 12 months ago
The German-language article discusses the upcoming EU tariffs on Chinese electric cars and warns against stifling innovation and competition as seen in past protectionist measures. The potential impact includes a significant increase in electric car prices in Europe and benefits for European manufacturers like Volkswagen. It emphasizes the need for tariffs to target unfair subsidies for Chinese car companies rather than aiming to close off the market entirely. Another article by a German economist in 'Der Spiegel' urges Europe to catch up with the US and China economically, emphasizing the importance of confident policies focused on Europe's economic interests and participation in building the international order to avoid falling further behind in economic growth, income, and productivity.
Source: YAHOO