Bullet points of D-Day looms for China’s exporters as EU moves towards October 4 vote on EV tariffs
- The EU's 27 member states are set to vote on punitive tariffs of up to 35.3% on Chinese-made electric vehicles on October 4
- The Chinese government is desperate to avert the tariffs and is negotiating with the European Commission
- The European Commission's director of trade defence, Martin Lukas, has been holding 'almost daily' technical negotiations with Chinese officials
- Chinese companies have made offers to set minimum prices for EV imports
- The EU is considering imposing the tariffs for five years
- The tariffs are part of the EU's efforts to protect its domestic automotive industry
- The EU is looking to strike a deal with China to avoid the tariffs
- The European Parliament will hold a hearing on Monday to discuss the proposed tariffs
scmp.com / South China Morning Post by Layer3.news
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2024-10-01 04:04:55Event JSON
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