Comment by port11
8 hours ago
This seems like the most obvious solution, provided local offers aren't massively more expensive. I don't see why we wouldn't award contracts to EU companies that create jobs here, pay taxes here, and follow local regulations. We don't need a super company with a local monopoly, just to stop prioritising “as cheap as possible”.
The reason why is because if they did China would retaliate and cut off cheap access to Chinese imports. That is the double edged sword of globalization the US and Europe are reckoning with today, in different ways
"China would retaliate and cut off cheap access to Chinese imports"
That still would come at a hefty price for china as that means no or way lower income for quite a lot of chinese companies and people.