The European Union’s decision to impose tariffs up to 38% on Chinese electric vehicles has sparked a significant trade conflict. China’s retaliatory measures target France and Italy’s luxury goods sectors, with potential devastating effects on LVMH, cognac exports, and the broader European economy. The investigation into European brandy imports and proposed luxury taxes signal China’s strategic response. Germany faces particular vulnerability, with its automotive industry already seeing sharp declines in Chinese markets. This trade war, combined with energy challenges and potential U.S. tariffs under a future Trump presidency, threatens to create a severe economic crisis across Europe.

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46 Comments

  1. US start all the shit pressure the EU to do such a thing. And the EU dumb enough to do it to hurt their economic harder. And blame China for all this. WoW

  2. The Deconstruction of Western Europe:
    #1 Open the Borders to massive floods of immigrants from seriously incompatible cultures
    #2 Impose long term costly lockdowns to economies during Covid
    #3 Instigate a costly war between Russia and the Ukraine
    #4 Starve the economies of affordable, reliable energy derived from fossil fuels
    #5 Use weather manipulation technology to cause destructive, violent weather events
    #6 Shut down nuclear power plants (Germany)
    #7 Cut off inexpensive natural gas imports to Germany by blowing up NordStream. Pipelines
    #8 Initiate trade wars with China
    #9 Advise the public to be prepared for all types of catastrophic events*

    * Energy shortages, extreme weather events, pandemics, cyber attacks, supply chain breakdowns, food shortages
    Note sure if they mentioned volcanic eruptions, EMP events

    The WEF Cartel has Western Europe almost completely destabilized. It looks like Germany is losing its entire manufacturing sector due to the loss of affordable, reliable energy and the economic recessions impact on purchases of its luxury vehicles. The UK, France and Germany are overrun with incompatible immigrants resulting in constant political turmoil. Not to mention similar problems in the Scandinavian countries. Everywhere you look, you can see the fingerprints of the WEF’s political sabotage.

    As Western Europe continues in this downward spiral, the only question is how much more of this can Western Europe take before there is no path to recovery?

  3. in term of commerical theory, EU just cut off the cheap energy supply, now started barking to the customers in the largest market in the world. the CEO does not run the company, but ruin

  4. Taxes on French wines , spirits, and Italian and French luxury goods.. The EU is not competitive .. China Russia , and India have it soughted.

    France and Italy … what is the national pet GDP of those countries.

    Didn’t they realise what China did to Australian wine , New Zealand Seafood.

    The US should be wary and take on board the EU and the Australian/ NewZealand economies went through.

    Unfortunately Austrslira and NewZealand was politics .. the EU are legitimate open market free trade issues .

    Does Trump really want a trade war with China .?

    I hope he cools his heels

  5. The Chinese want to fill every segment of their consumption market with Chinese products… Foreign products are only utilized for development 🪞 advancement.

  6. SOUTHAFRICA RANK NO 4 IN WINE INDUSTRY WORLD WIDE, WITH BRICS PAYMENT SYSTEMS PUT US NO 1 IN LINE BY CHINA, 🤣🤣🤣🤣🇿🇦🇿🇦🇿🇦🇿🇦

  7. Why EVs are in the middle of war?
    Lithium is very bad for digging!!!

    Stop selling EVs at all!!!

    Pollution from cars is not important.

    Fossil fuel platns are bad!!!

    Stupid agenda

  8. I don't understand why European politicians are so stupid! They can obviously cooperate well, share what they have and make money together. They insist on treating the Chinese as fools! The Chinese will definitely not indulge these European fools now! The real losers are the European people!

  9. These tariffs will backfire one day. China has got great craftsmanship and capable of creating their own luxury goods and fashion. Now, they lack the branding and marketing. These will take off soon when the luxury items from France or Italy are too expensive, From nowhere, Chinese brands will one day flood the luxury market in the likes of LVMH. When that happens, who is to blame China for overcapacity of branded goods?

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