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by Dalewyn
749 days ago
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>The US put 100% tariffs on Chinese EVs and the rest of the Western/developed world are probably going to follow suit so… Considering China, South Korea, and Japan just finished up a meeting which included moving forward with talks on a Free Trade Agreement in the face of American-led sanctions and tariffs... It's going to be fun seeing just how effective American diplomacy and economic violence actually is nowadays. |
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South Korea has in particular suffered a great deal undr China's economic coercion since THAAD in 2017 -- their global giants like Samsung, Hyundai lost over 90% of their sales in China and they have likewise removed much of their manufacturing footprint in China. Not all too sure they want to jeopadize otherwise collaborative relationship with friendly ally, the US, for a hostile trading bully next door, China.