Automotive Industry Criticizes EU Tariffs on Chinese Electric Cars
The automotive industry, including the VDA and the DIHK, criticizes the EU's potential tariffs on electric cars imported from China. Concerns are raised regarding the escalation of trade conflicts, urging China to propose constructive solutions.
German carmakers like BMW and Dacia, which manufacture in China, express worry about the impact. The EU's response to Chinese subsidies distorting electric vehicle prices involves imposing tariffs.
Czech carmakers also caution against these tariffs, fearing disruptions in supply chains and competition. The EU's move to potentially levy tariffs up to 25% on Chinese electric vehicles may lead to a trade war.
The investigation into the Chinese electric vehicle supply chain reveals subsidies, sparking tensions between China and the EU.
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