EU and China Clash Over Electric Vehicle Tariffs
European nations debate imposing tariffs on Chinese EVs as Beijing warns of retaliatory measures.
- Germany opposes tariffs due to its significant automotive exports to China, while France supports them.
- The European Commission's proposed tariffs aim to counteract Chinese subsidies, with provisional rates up to 37.6%.
- China's potential retaliatory tariffs could target European goods like pork and brandy.
- Negotiations between the EU and China are ongoing, with a four-month window to reach an agreement.
- Other nations, including Canada and the US, are also considering measures against Chinese EV imports.