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  1. It will clash with the overtures to china that have been done recently, but it’ll be interesting to see how these protectionist measures turn out.

  2. Shot-Winter-6559 on

    Protecting European car manufacturers for not innovating quickly enough. The cost of an electric car with 70 percent of its components made in the EU should be interesting to see. The Renault 5 has a large amount of locally produced parts and it costs €24,000. As beautiful as that car is that rather expensive for such a small vehicle.

  3. Over-Willingness-933 on

    It’s fine, if used against countries that cheat the system like China. The EVs from China are cheap because of the government funding them.

  4. Mayor__Defacto on

    Once again, USA/Donald Trump does something, EU whines about it, and subsequently copies what he did.

  5. No_Economics_4678 on

    “Discussions among the 27 member states were heated regarding the usefulness, scope and geographical coverage of this measure, leading to multiple postponements of the text in recent months. However, the urgent need for action eventually convinced the most reluctant members, Germany and the Nordic countries, to rally behind this new economic doctrine ardently defended by France, on condition that it be strictly targeted.”

    Always the same story, especially with Germany.

  6. Asleep-Ad1182 on

    It’s hilarious that people don’t realise these measures are even more protectionist than Trump’s tariffs.

  7. Still no credible plan for a domestic semiconductor industry to rival e.g. AMD/Intel/Nvidia/Qualcomm/Apple/Alphabet/Amazon, and no hope beyond Mistral for any serious competition in AI (who recently celebrated a €1.7B investment – meanwhile, OpenAI alone just closed a $100B round, and Amazon is planning to spend ~$200B in AI infrastructure this year).

  8. MrPoopMonster on

    Didn’t the EU literally file complaints against the US in the WTO for doing something similar under Biden? How is this any different?