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EU has enough support to impose Chinese EV tariffs, sources say


EU to Vote on Chinese Electric Vehicle (EV) Tariffs

France, Greece, Italy, and Poland are set to vote in favor of implementing tariffs up to 45% on Chinese-made electric vehicles (EVs), a measure that the European Commission has proposed to counter the impact of Chinese state subsidies on EV imports. This vote is part of a larger anti-subsidy investigation initiated by the European Union. These four nations represent 39% of the EU population, enough to make a significant push for the measure, though Germany’s position remains uncertain.

While French President Emmanuel Macron supports the move, citing the need to protect European industry from “unbearable” Chinese subsidies, Germany has expressed concerns about a potential trade war with China. The German auto industry, particularly Volkswagen, opposes the tariffs due to its heavy reliance on sales in China.

Chinese EV makers, facing the possibility of higher costs at European borders, might have to absorb the tariffs or raise their prices. Some are even considering opening factories in Europe to avoid the tariffs. Beijing has already launched retaliatory investigations into EU products, including brandy and pork.

Pipeline: www.thepigsite.com

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