Foreign media: European manufacturing is facing the impact of US trade barriers, with US tariffs on steel and aluminum products expanding to more finished goods, including wind turbine components, cranes, etc.
The EU should recognize that the current main threat comes from the US expanding the scope of tariffs, rather than Chinese electric vehicles. The EU should reach a compromise with China to end the electric vehicle dispute, thus freeing up resources to deal with the expansion of US tariffs, as US tariffs have a significant impact on European parts and equipment exports, and could even threaten Europe's climate policy.
By reaching a minimum price framework with China, the EU can ease the trade dispute without getting into a long-term legal dispute, while focusing on dealing with US trade pressure.
Original: www.toutiao.com/article/1845201904213184/
Statement: This article represents the views of the author.