It's the way around other agreements, such as trade agreements, and the way to restrict (without tariffs etc) the importation of goods from the US and Asia.
The way to deal with it is to impose fuel economy requirements on all cars sold in the US.
Heh... talk about somethin' that could backfire bigtime...
I think you’re correct. This is a way for the EU to appear “global economy” friendly while buttressing their own electronics industry. Do they still have one of those? My guess is that EU regulators will give credits to EU companies attempting compliance while holding foreign based companies to unrealistic standards.