EU states set to back tariffs on Chinese EVs - says trade chief
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.
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.
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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.
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The german car industry was busy lying about emissions instead of working on EVs and now they're salty China can build better and cheaper than Europe...
And ofc consumers have to pay for corporate greed. No cheap EVs for us. We will pay more for inferior products.
I'm european, but in the face of such greed, stupidity, and hypocrisy, I can only hope China will retaliate with their own tarrifs.