

This is so horrible. A country in Europe subsidizes a company working on a technology for the future, but gets not real stakes in it. They build infrastructure in Europe. The government changes, stops subsidies, the management goes berserk (or turns out to just want to make moneys, no morals, what a surprise) in the meanwhile. No restructuring (or - it goes through a US “restructuring” protocol). Then it gets sold to Americans, with the infrastructure.
Thanks, this is much more insightful than the headlines. If we take PMI as the indicator, then for Germany and the Eurozone it has been bad for last three years, and this year actually have seen an improvement in form of a smaller contraction,
https://tradingeconomics.com/germany/manufacturing-pmi https://tradingeconomics.com/euro-area/manufacturing-pmi
For US and China it looks like within the random range for last three years.
https://tradingeconomics.com/united-states/manufacturing-pmi https://tradingeconomics.com/china/manufacturing-pmi