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Has Trump finally united Europe?

Source: ft.com

China's solar overcapacity floods global markets with cheap panels, slashing prices by 42% this year and crushing Western manufacturers.
Subsidies fuel a 600GW annual production—six times 2024 demand—prompting US and EU tariffs up to 110%.
Beijing vows to curb "blind expansion" but trade war escalates as Trump pushes 100% duties on Chinese imports.

China's solar industry is churning out panels far beyond global needs, driving prices to record lows and sparking a protectionist backlash from the US and Europe. This overproduction stems from heavy state subsidies and lax investment rules, threatening to wipe out rival manufacturers worldwide. The clash highlights tensions in the green energy race, where China's dominance risks derailing the global transition to renewables.