EU Faces Split Over Tariffs on Chinese EVs
EU Faces Split Over Tariffs on Chinese EVs
EU Faces Split Over Tariffs on Chinese EVs
News summary

The European Union is facing a crucial vote on imposing tariffs up to 45% on Chinese-made electric vehicles, aimed at countering perceived unfair subsidies by Beijing. The European Commission has suggested these duties following an investigation, but the proposal has caused division among EU members. France, Greece, Italy, and Poland support the tariffs, while Germany and Hungary oppose them, citing potential harm to their automotive industries and economic relations with China. Germany's major automakers and IG Metall, a powerful German labor union, have also voiced opposition, arguing that tariffs won't improve competitiveness. Spain, initially a supporter, has suggested maintaining open negotiations with China instead. The outcome of the vote could lead to increased tensions with Beijing, which has already launched retaliatory probes into European products.

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