The US and EU Are in a Subsidy Race: Let’s Tariff China Instead

The US and EU Are in a Subsidy Race: Let’s Tariff China Instead
The U.S. national flag (L) and the European Union flag are seen side-by-side during a meeting at the EU Commission headquarter in Brussels on July 13, 2015. Thierry Charlier/AFP via Getty Images
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Commentary
The United States and European Union are entering a green subsidy race that will determine where millions of electric vehicles will be manufactured over the next decades. EV sales in the United States, for example, are projected to double by 2025 to nearly 2.5 million. Car manufacturers around the world want a piece of that action.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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