Brief News Review
The in November 2024 imposed anti-subsidy tariffs on Chinese electric vehicle imports by the EU, with the highest tariff reaching 35.3% (plus there is a general import tariff of 10%), has not been well-received in Europe since its implementation. Right now, the EU has taken the initiative to propose an alternative to the Chinese government, that is to impose a minimum price on Chinese electric vehicles instead of anti-subsidy duties. In return, the EU wants leading Chinese electric car makers to invest more in Europe and provide technology transfer. The background of the possible EU-China reconciliation is the arbitrary tariff…
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