The Spanish Gamble: Can Europe Win Where America Lost? The transatlantic divide on trade policy is often attributed to ideology and politics, but it also reflects economic pragmatism.
While the US built a wall to keep out Chinese electric vehicles, Spain has chosen a different path – one that involves flying in Chinese workers to build its own plants.
A Different Approach to Competition The US government imposed a 100% import duty on Chinese electric vehicles in September 2024, effectively shutting the door on American consumers.