2024-09-12 23:55:08
Automotive
China
Europe
Navigating Trade Tensions: EU and China on Electric Vehicles
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EuroNews
Politics
Economy
Sánchez asks the EU to reconsider the tariffs on Chinese electric cars, which could affect the Spanish pork sector. He seeks a compromise between the EU and China after the anti-subsidy investigation. A qualified majority is needed to stop the tariffs, while China applies a divide-and-conquer strategy, as the global leadership in electric vehicles is a priority for the Communist Party. There is a meeting between the Commission and China on the issue. In addition, European brandy exports are also..
Diplomacy - South China Morning Post
European Commission rejects Chinese EV price floor offer as tariff vote looms
Economy
Politics
The European Commission rejected Chinese EV exporters' price undertaking offers, which failed to eliminate the injurious effects of subsidies or comply with WTO/EU rules. The commission seeks a negotiated solution to this highest-profile trade dispute, as the EU complains Chinese imports are too cheap due to industrial subsidies, with a tariff vote looming.
stern
Tariffs on electric cars: China seeks solution with EU
Politics
Economy
The EU Commission is considering punitive tariffs of 17-36.3% on Chinese electric cars to prevent plant closures and layoffs in Europe. A vote by EU member states is planned for September 25, but the hurdle for overturning the tariffs is very high. Spanish socialist Sánchez and Chancellor Scholz criticize the tariffs, while Economy Minister Habeck shows understanding. In a test vote, Germany abstained due to different positions within the coalition. China is seeking a negotiated solution, and..
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