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Yellen Calls for EU-US Cooperation to Counter Surge in Chinese Green-Tech Exports
(eletric-vehicles.com)
this post was submitted on 22 May 2024
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The US has subsidized Tesla alone more than China has subsidized all their electric car companies combined. They don’t believe China is massively subsidizing the market for green tech, they believe that they are unable to compete on a fair playing field and so will attempt to tip the scales in their favor.
"fair" dude this is naked geopolitics. Edit Every country does it.
I provided a description of their actions, based on their public statements.
Edit not my opinion on the validity or background facts of those actions.