China shut down , Biden went on the offensive too hard, provoking the EU to fight back

Mondo International Updated on 2024-01-29

With the globalization of the world economy, the correlation and interaction between countries are becoming more and more close. However, the recent introduction of a new regulation in the field of electric vehicles in the United States has caused widespread concern and controversy. This regulation explicitly restricts the use of EV components, excludes entities from countries such as China, and seeks to undermine China's dominance in the EV chain. However, this move has triggered a lot of negative effects and backlash.

The impact of this new US rule on China can be said to be twofold. First of all, the United States is trying to curb China's development in the electric vehicle industry through this regulation, hoping to "lock up" China's electric vehicle market. However, this is not realistic, because China has become one of the important links in the global electric vehicle industry chain. China not only has a competitive advantage in the production of electric vehicle components, but also drives the rapid growth of the electric vehicle market. If the United States continues to pursue a policy of isolation, it will face huge economic losses and could undermine the cooperative relationship between the United States and China.

Second, in the process of introducing this new rule, the United States itself will also suffer a negative impact. At present, the number of new energy vehicles eligible for subsidies in the U.S. market is not large, and traditional fuel vehicles are still the mainstay. The implementation of the new regulations will further limit the number of electric vehicles and hinder the energy transition of the U.S. automotive industry. This will cause the United States to miss out on opportunities in the electric vehicle industry, which is not conducive to environmental protection and sustainable development goals.

In addition to the impact on China, this move by the United States has also triggered dissatisfaction and a response from the European Union. According to reports, the United States does not even allow vehicles from some EU countries and Japan to receive subsidies, which has caused a strong ** from the European Union. In response, the EU has taken a series of measures to protect its interests.

First of all, the EU has expressed strong dissatisfaction with the US approach. The European Union has harshly criticized the United States for offering bonuses only for the purchase of domestically made electric vehicles, without respecting the interests of other countries. This practice seriously violates the principle of fairness in the international community and undermines friendly relations between countries.

Second, the EU has introduced an important plan to counter the actions of the United States. The program, which aims to support the production of electric vehicle batteries in EU countries, amounts to 83.7 billion euros. Through this program, the EU hopes to improve its competitiveness in the electric vehicle industry, while at the same time making clear to the United States its firm position and actions.

It can be seen that the EU has responded forcefully to the US approach and has shown its autonomy and voice in the international community. The EU does not want to become a vassal of the United States, but wants to maintain its own interests and the stability of the international order through cooperation and multilateralism.

To sum up, this move by the United States has not only had a negative impact on China, but also triggered dissatisfaction and counterattack from the European Union. Although the U.S. is trying to weaken China's position in the EV chain by restricting the availability of EV components, this isolation policy is unrealistic and will result in huge economic losses for the U.S. itself. At the same time, the US practice also violates the international principle of fair competition and harms friendly international relations.

The EU's response to the United States shows that it resolutely defends its own interests and upholds the international order. The European Union has taken steps to support the production of electric vehicle batteries, improving its competitiveness in the electric vehicle industry, and has criticized the United States. This riposte is not only a response to the behavior of the United States, but also a safeguard of the international principle of fair competition.

In the context of global economic integration, cooperation and interaction between countries are essential. Mutual respect and equality are the cornerstones of international relations and the key to achieving common development and prosperity. It is hoped that the United States will reflect on its current policies, adopt a more open and fair attitude, and work with other countries to promote the development of the global economy and build a more just and sustainable international order.

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