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EU set import tariffs of up to 38% on Chinese EVs
Publisher |
BBC
Media Type |
audio
Podknife tags |
Business
News & Politics
Categories Via RSS |
Business
News
Publication Date |
Jun 12, 2024
Episode Duration |
00:26:46

The EU invented new import tariffs - up to 38% on Chinese electric vehicles triggering a potential trade war with China. With Chinese car makers having plenty of surplus capacity and moving into international markets, the EU lawmakers fear their own companies will be unable to compete. They claim hefty subsidies for domestic production allow Chinese firms to keep prices at a level other firms will struggle to match.

Also, in the programme, Will Bain talks about Ukrainian reconstruction conference in Berlin.

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