this post was submitted on 14 May 2024
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US announces higher China tariffs, including 100% for EVs (www.dw.com)
submitted 4 months ago by [email protected] to c/business
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[–] Bye 9 points 4 months ago

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.