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Anonymous

Anonymous

Hey I am on Medial • 11m

The Trade War Continues. The Economist reports that the EU has devised a new restriction for China. The EU has imposed tariffs on Chinese cars, and in response, China is imposing tariffs on pork. In reaction to China's response, the EU is considering banning Chinese companies from participating in public tenders in Europe. The EU is conducting an "investigation" to determine whether officials are prioritizing Chinese equipment over local options (of course they are, since Chinese equipment is three times cheaper). The likely outcome will be a ban on Chinese firms from participating in EU tenders. 🚗 Naturally, this will hit Europe the hardest. But since Europe has been under US influence for a long time, it's not a problem. 🇪🇺

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