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RE: LeoThread 2025-12-14 17-07

in LeoFinance2 days ago

Part 8/13:

  • Chinese conglomerates like SIC, which pay over 45% in tariffs, face significant cost burdens to access European markets.

  • Bod and Julie pay around 27-28% in combined tariffs.

By seeking exemptions from these tariffs, Volkswagen aims to level the playing field with Tesla, which has enjoyed preferential treatment because it doesn't receive Chinese government subsidies or funding.

Subsidies and the Future of European Car Markets