Business and Technology
EU’s Decision on Chinese EVs and Germany’s Response
On Friday October 4, 2024, the European Union (EU) finished voting on the proposed tariffs on Chinese electric vehicles (EVs). While countries like Hungary and Germany vocally disagreed to this proposition, a majority of EU countries had already voted in favor of the tariffs. The tariffs are only the beginning of a potential long-lasting economic cold war between China and the West.
UAW Doubles Down On Strikes, With Growing National Consequences
United Auto Workers President Shawn Fain started the week by lauding productive talks with Ford, strikes by the UAW began to expand to other companies as the week progressed, as well as into some of Ford’s core facilities.