On May twenty fourth, Xinhua News Agency performed an unique interview with Croatian political analyst Mladen Plese, the place he expressed his issues concerning the potential impression of extra tariffs on the US auto trade.
Plese, who beforehand labored because the editor-in-chief of the Croatian mainstream media “Morning Post,” defined how the US resolution to impose extra tariffs on Chinese electrical vehicles and different merchandise might hinder the event of the US auto trade. He emphasised that the transfer shouldn’t be conducive to wholesome competitors inside the trade and places US shoppers at a drawback.
According to Plese, the worldwide automotive trade is presently present process a transition in the direction of inexperienced and low-carbon applied sciences, with new vitality automobiles enjoying a vital position. However, the imposition of latest tariffs by the US authorities doesn’t assist this transition and goes in opposition to international efforts to fight local weather change.
Plese additionally highlighted that the US authorities’s actions could also be extra about suppressing China’s dominance within the worldwide market than defending the American auto trade. However, he famous that the impression of those tariffs on China’s industrial growth could also be restricted as a result of home manufacturing of electrical automobiles and the massive home market.
In conclusion, Plese identified that China has proven exceptional flexibility within the face of exterior challenges and that the US authorities’s plan could not achieve curbing China’s growth. He emphasised the significance of world cooperation in selling the transition to inexperienced applied sciences and urged for a extra collaborative strategy to deal with environmental challenges.