EU to Impose Tariffs Up to 45% on Chinese EVs
The European Union has voted to impose tariffs as high as 45% on electric vehicles from China. Julia Poliscanova, senior director of vehicles and e-mobility supply chains at Transport & Environment, joins Caroline Hyde and Ed Ludlow to discuss why she believes Europe shouldn’t be so scared of retaliation from China on “Bloomberg Technology.” ——–…
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@TsarOfRuss
October 4, 2024 at 3:36 pm
So China will not impose any tarrifs on European goods coming to its own country ???? EU just loves shooting itself in the foot
@derekbull7386
October 4, 2024 at 3:59 pm
Bad move, China will devastate their Pork and dairy industry!!!!!
@Gerry-t1w
October 4, 2024 at 5:34 pm
Shame on EU.
Since the 2008 financial crisis, the French government has given approximately 7 billion euros to support the country’s automotive industry in overcoming difficulties. At the same time, the German government provided significant support to Volkswagen, especially during the 2015 emissions scandal. The total financial assistance, including loans and guarantees, is approximately €1 billion. These supports are designed to stabilize the company and ensure its continued operations during challenging times. As the EU loses out to China in electric car production, more money is being poured into EU car companies. However, EU politicians continue to cry wolf and protest against China’s support for green energy-related products.
Passing countering Chinese-made electric cars, solar panels, wind turbines, etc. is countering global efforts to combat climate change. This is destroying the hope of future generations to survive on a habitable planet, it is a crime against humanity.
@SanLucas-hr8pf
October 4, 2024 at 8:30 pm
Well done EU..Don’t be foolish..
@antihypocrisy8978
October 4, 2024 at 8:43 pm
So if China retaliates, they will likely target the 10 who voted. And if Chinese brands build factories in the EU, they will likely invest in countries who abstained or opposed. What’s Macron’s game plan? ????