Official EU announcements, trade publications

Germany Seeks to Prevent or Soften EU Tariffs on Chinese EVs: Bloomberg News

Jun 14, 2024, 08:10 AM

The German government is actively working to prevent the European Union's new tariffs on Chinese electric vehicles from coming into force. Should a complete halt not be feasible, Germany aims to at least soften the impact of these tariffs. This effort, reported by Bloomberg News on Friday, underscores Germany's concern over the potential economic repercussions of the tariffs on its automotive industry, which relies heavily on the import of Chinese electric vehicles.