There has been a vast amount of discussion on Chinese electric cars making their way to European and US markets, and the European Union and USA putting high tariffs on these electric cars based on the assumption that production of these electric cars is being unfairly subsidized, overproduced, and then “dumped” in Europe and the US at distorted low prices.
“After all, as we saw with Covid, and the subsequent supply-chain disruptions, having too much dependent on a single country can shaft the global economy…. Better to have multiple independent production nodes/supply chains, to try and limit the impact of a regional shutdown, etc.” And that should help the electrify the whole world and cut carbon emissions faster than if Chinese EV producers could more easily enter the US and Europe with lower tariffs.