Excellent point about the shortsightedness of protectionism. The market is… the world. If you can’t compete, you’re toast.
The threat to German auto producers isn't from Chinese cars flooding Germany. It's from Chinese cars flooding to emerging markets (red), where they're killing the market for German cars. That's not something EU tariffs on China are going to be able to fix.
robinjbrooks.substack.com/p/chinas-invas…
