Hey there, amigos! 🇭🇺 Hungary is stirring up some waves in Europe! 🌍
On Wednesday, Hungary's Economy Ministry voiced its disagreement with the European Union's decision to slap tariffs on electric vehicles imported from China. 🚙⚡
\"Instead of punitive tariffs, the EU should support the European EV industry,\" the ministry said. \"We disagree with the brutal European punishment of Chinese electric car manufacturers with punitive tariffs. Protectionism is not the solution.\"
This comes just hours after the European Commission announced its plan to impose tariffs on Chinese electric vehicles. Hungary believes boosting support for Europe's own EV industry would be a better move than penalizing others. 🤔
What do you think? Is protectionism the way to go, or should Europe focus on innovation and support? Let us know your thoughts! 💬
Reference(s):
cgtn.com
