EU Votes to Impose Tariffs on CN EVs; Hungary's PM Criticizes EU for Promoting Economic Cold War
EU tariffs of 45% on Chinese EVs are a "GO".
This was expected. The question that remains is will the EU go down the same road as Biden and ban the use of Chinese-developed auto software/hardware.
For the sake of Europe's carmakers - most of which have major businesses in China - I hope not.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Dragon Fish : Full fledged trade war is coming? Angmoh vs Chinese will divide the world into 2 blocs.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
bullrider_21 : I hope not. But I think they will. The EU tends to be united with US against China.
SoundOfMusic : Would not surprise me if they do.
Germany economy has a negative GDP. They were sitting on their laurel and did not innovate fast enough on EV.
Energy intensive chemical industries have to move to the US because of self destructed energy sanctions. Literally, Schols said nothing when the US blew up their energy infrastructure Nord Stream pipeline. How stupid can you get?
Yet, they will follow their master...over a cliff. Sad for the European.