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    1. financialtimes on

      Brussels is considering setting ‘made in Europe’ targets of up to 70% for the content of certain products such as cars, as it pushes to prioritise domestic goods and cut reliance on China.

      The policy could cost EU companies more than €10bn annually by pushing them to buy more expensive European components, according to officials familiar with a draft law due to be presented on December 10.

      **Read the full story for free with your email:** [https://www.ft.com/content/b0200e50-dd3a-4e9e-8908-40ead49e7daa?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f](https://www.ft.com/content/b0200e50-dd3a-4e9e-8908-40ead49e7daa?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f)

      Kima — FT social media team

    2. PogoLlama72 on

      Protection or resilience? 70% sounds good until consumers see higher prices and SMEs drown in compliance. Maybe start with critical sectors (batteries, meds) and phased targets, plus real energy/permits reform to keep costs down.

    3. PriorityMuted8024 on

      I really like this direction; I hope the countries will cut back on taxes and charges on products and services. Because I am a bit tired of paying for everything while politicians and major business owners are keep cashing in and earning extra profit

    4. Hopefully it can compete with the questionable US products that will come in with the new trade deal

    5. And how they suggest we achieve that without protectionist tarrifs and EU population paying even more for said critical goods? The reason why they are no longer are „made in Europe“ is cost. That is how globalization works.

    6. Imaginary_Prompt_597 on

      Finally. This is what the EU should have started doing when the pandemic messed up the supply chains.

      >The policy could cost EU companies more than €10bn annually…

      Strategic interests should always be above short-term financial interests.

    7. Prestigious-Team3327 on

      Would be good to be less reliant on US goods for defence and tech I’d think.

    8. technician77 on

      That’s a good strategy, but what good is it without energy/mineral independence?

    9. krazydude22 on

      So will EU dilute environment laws to allow mining of critical metals required for cars ?

      Also, if there are cheaper cars available from non-EU nations like China and Japan and this „made in Europe“ potentially adds €10bn annually, will EU customers pay more money for these cars or will EU apply heavy tariffs on non-EU car imports to push for local „made in EU“ cars?

    10. waiting4singularity on

      we just lost the last manufactor of solar panel glass. to china.

    11. Doubt this will happen since it’s actually very very hard to reindustrialise but I’m fascinated by the people here who bitch and moan about trump doing this but when Europe wants to do it they’re like “had to be done, finally.”

    12. CertainMiddle2382 on

      Let’s be courageous let’s say 80%!

      Unironically, this is typical of EU paper pushers who sovietically define objectives without any clue or means how to get there. Extremely few higher European Union leaders have any industrial, scientific or technical knowledge.

      The place is usually used as pre retirement no show job where old national politicians with no national political future are send to gravy up before retirement.

      Simplify paperwork, show programs to will decrease energy costs long term, decrease tax on success, get rid of red tape…

      Otherwise it is just words.

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