EU Moves for Tariffs on Chinese Electric Vehicles

The European Union has secured enough support from member states to proceed with plans to impose tariffs on Chinese electric vehicles. This move, backed by France but opposed by Germany, is intended to create a more equitable market landscape and opens the door for negotiation.


Devdiscourse News Desk | Paris | Updated: 04-10-2024 16:52 IST | Created: 04-10-2024 16:52 IST
EU Moves for Tariffs on Chinese Electric Vehicles
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The European Union secured enough backing from its member states on Friday to move forward with plans to impose tariffs on Chinese electric vehicles. This decision aims to create a more balanced market environment that could facilitate negotiations.

France has voiced strong support for the tariffs, setting itself apart from its traditional ally Germany, a country known for its robust automotive industry.

The move highlights the growing complexities within the EU's internal relations, as member states grapple with differing economic priorities and strategies in the face of global competition.

(With inputs from agencies.)

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