2024-06-14 15:04:20

EU Tariffs on Chinese Electric Cars Shake German Manufacturers and Spark International Tensions

Image used under license from Shutterstock.com

The EU Commission's imposition of provisional tariffs on Chinese electric cars has sent waves through the automotive industry, particularly affecting German giants like VW, BMW, and Mercedes. While the EU aims to reduce dependency on China, German manufacturers fear harm to their domestic market.

Consultants warn of negative consequences, urging German automakers to focus on innovation. The struggle over tariffs has provoked reactions from the US and China, with doubts cast on their effectiveness.

As the Chinese government contemplates a WTO complaint, the EU seeks a balanced approach to safeguard its automotive sector without hindering trade. Despite criticisms of insufficient protection for European industries, the EU rejects Chinese accusations of trade law violations while facing potential retaliatory measures from China.

n-tv.de
13. Juni 2024 um 14:20

German car manufacturers alarmed: Why there are tariffs for Chinese electric cars - and who they hit hard - n-tv.de

Economy
Politics
The EU Commission has imposed provisional tariffs on the import of electric cars from China into the European Union. German car manufacturers such as VW, BMW, and Mercedes are directly affected. The tariffs are intended to reduce the risk of dependency on China, while the German manufacturers fear damage to the domestic industry.
EURACTIV.de
14. Juni 2024 um 06:04

EU tariffs on Chinese electric cars: Experts criticize inadequate protection of the European automotive industry

Politics
Economy
Experts criticize the tariffs announced by the EU Commission on Chinese electric cars as inadequate to offset the state support of Chinese automakers. The preliminary tariffs range between 17.4 and 38.1 percent and are in addition to the existing 10 percent tariffs. Experts are skeptical whether the tariffs are sufficient to protect the European automotive industry.
EURACTIV.de
14. Juni 2024 um 05:19

Tariffs on Chinese Electric Cars: EU Rejects Accusations of Chinese Companies

Politics
The European Commission rejects accusations made by Chinese companies of violating international trade law during their anti-subsidy investigation. Preliminary tariffs of up to 38.1 percent on electric vehicles manufactured in China have been announced. China is considering filing a complaint with the World Trade Organization (WTO) and accuses EU officials of procedural errors.
EURACTIV.de
14. Juni 2024 um 06:53

The struggle over EU tariffs on Chinese electric cars

Politics
Economy
The EU has imposed provisional tariffs on Chinese electric cars, sparking strong reactions in both the US and China. However, the effectiveness of the tariffs remains questionable. The Chinese government is considering filing a complaint to the WTO.
CW

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