Editorial: El Mundo

• Europe has taken measures to shield against unfair Chinese competition by imposing tariffs on electric cars imported from China.
• These actions have been taken in response to opaque subsidies and loans which are propelling the Chinese automotive industry.
• By keeping rates at 38%, a total trade war with Washington is avoided, allowing Europe to forge its own path to boost an industrial policy that is losing competitiveness.
• Ford's and Vodafone's EREs in Spain reflect industrial weakness in sectors affected by global change and the need to improve the management of European funds to reinforce the industry.

Conclusion: Europe is taking steps to counteract unfair competition from China in the automotive industry and protect its own industrial competitiveness. However, there is a clear need to improve fund management and strengthen the industries vulnerable to global change.

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