this post was submitted on 18 Mar 2024
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[Dormant] Electric Vehicles

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cross-posted from: https://lemmy.ml/post/13315139

CATL, the little-known Chinese battery maker that has the US worried

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[–] [email protected] 2 points 8 months ago (1 children)

Which is a trade violation for WTO members.

Curious to hear more about this. Are you saying subsidized products cannot be sold on the international market? Wouldn’t creative accounting solve this, e.g., buy saying that the subsidized portion is only available domestically, which reduces demand globally, thus lowering prices?

[–] [email protected] 1 points 8 months ago (1 children)

Any nation receiving the products would obviously see through that and protest to wto

[–] [email protected] 1 points 8 months ago (1 children)

Okay, but how is it a trade violation?

[–] [email protected] 1 points 8 months ago

Because of the rules established by wto members. They decided it was a violation, they all agreed to the terms, so it's a violation.