• Hyperreality@kbin.social
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    11 months ago

    It’s also called dumping:

    https://en.wikipedia.org/wiki/Dumping_(pricing_policy)

    The kind of thing usually results in a trade war, sanctions and tariffs.

    The problem in Europe, is that our manufacturers are so reliant on Chinese parts and manufacturing, that they’ve asked our government NOT to intervene. China has them by the nuts, because they’ve outsourced too much. IRC they can’t even make batteries without using Chinese parts.