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- EU Imposes Additional Tariffs on Chinese Electric Vehicles Following Approval from Member States
EU Imposes Additional Tariffs on Chinese Electric Vehicles Following Approval from Member States
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EU countries have approved tariffs of up to 35.3% on electric cars made in China, with 10 member states including France, Italy, and Poland supporting the move. However, not all member states agree, as Germany, Hungary, Slovakia, Slovenia, and Malta voted against the tariffs. China has criticized the tariffs as "protectionist" and has threatened to retaliate. The EU has until the end of the month to continue negotiations with Beijing, but the decision to impose tariffs has been met with criticism from car manufacturers, who see it as a potential "fatal" blow to the auto industry.
We strongly encourage the EU to … delay the implementation of these tariffs, and prioritise resolving disputes and trade tensions through consultations and dialogue.
Today's vote is a fatal signal for the European automotive industry. What is needed now is a quick settlement between the European Commission and China to prevent a trade conflict from which no one gains.
The fact that Germany voted against the tariffs is an important signal and increases the chances for a negotiated settlement.
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sources
perspectives
- 1.US Economy
- 2.Protectionism
- 3.German Economy
- 4.Electric Cars
- 5.China-EU Relations
- 6.Automotive industry
- 7.Electric battery
- 8.China-Germany Relations
countries
- 1.Canada
- 2.China
- 3.Germany
- 4.Spain
- 5.France
- 6.United Kingdom
- 7.Hungary
- 8.Italy
- 9.Malta
- 10.Poland
- 11.Sweden
- 12.Slovenia
organizations
- 1.European Commission
- 2.Tesla
- 3.BMW
- 4.Land Rover
- 5.British Treasury
- 6.Chinese Chamber of Commerce
- 7.European Union
- 8.Ford Motors
- 9.German Association of the Automotive Industry
- 10.Plateforme Automobile
- 11.Polestar
- 12.Volkswagen