The electric vehicle (EV) industry is hitting a speed bump 🚗💨 as trade tensions spark debates: Can world trade flourish without full globalization? This week, Chinese Commerce Minister Wang Wentao held crucial talks with EU officials over potential tariffs on Chinese EVs—a move critics call \"protectionism in disguise.\" Meanwhile, WTO Director-General Ngozi Okonjo-Iweala doubled down on globalization at the WTO Public Forum, urging nations to \"build bridges, not walls\" amid rising trade barriers.
CGTN's Tian Wei added fuel to the discussion after interviewing key figures, highlighting how \"fragmented policies risk turning the global market into a puzzle with missing pieces.\" 🌍🔍 While some argue localization strengthens economies, others warn it could trigger a \"trade Cold War\"—especially as China’s EV giants face hurdles expanding abroad.
Think of it like a viral TikTok dance 🕺: If everyone does their own moves without sync, the challenge fails. Similarly, experts say trade thrives on collaboration, not solo acts. But with the U.S. and EU tightening import rules, is the world dancing toward fragmentation? 🤔 The answer could redefine everything from your smartphone’s price to climate goals.
Reference(s):
cgtn.com