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EU states set to back tariffs on Chinese EVs - says trade chief

Tariffs could come into force in November after a vote in late October.

EU capitals are prepared to back the introduction of tariffs on Chinese electric vehicles, Valdis Dombrovskis, the European commissioner for trade, told the Financial Times.

Although the move sparked anger in Beijing, supporters of the levy claim it is essential to protect EU manufacturers against unfair competition.

A probe launched last year by the European Commission determined that Chinese subsidies were allowing firms to keep their prices artificially low.

VirtualOdour ,

Once again climate change is only important when it benefits the rich and powerful, if they can’t make a profit they’ll block cheap EVs just like they block home solar where they can and a thousand other things that could make the average persons life better and help the environment

Badeendje ,
@Badeendje@lemmy.world avatar

This is not why and you know it.

BassTurd ,

It’s not why, but I don’t know that they know it.

Waveform ,

Is anything stopping western nations from subsidizing their own EV industries to the same degree China purportedly does?

MediaBiasFactChecker Bot ,

Euronews - News Source Context (Click to view Full Report)Information for Euronews:
> MBFC: Left-Center - Credibility: High - Factual Reporting: High - France
> Wikipedia about this source

Search topics on Ground.Newshttps://www.euronews.com/business/2024/08/05/eu-states-set-to-back-tariffs-on-chinese-evs-says-trade-chief

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