Comment by bryanlarsen
3 days ago
China obviously does not subsidize $75,000 per car.
European analysis resulted in an 18% offsetting duty, meaning Chinese subsidies are lower than American ones.
3 days ago
China obviously does not subsidize $75,000 per car.
European analysis resulted in an 18% offsetting duty, meaning Chinese subsidies are lower than American ones.
No it’s not focused on vehicles, that’s the average subsidy on manufacturing.
According to the treasury dept (and the EU): https://home.treasury.gov/news/press-releases/jy2455