Here's your summary from China Floats Perks for German Luxury Carmakers in Bid to Stop EV Levies (https://www.youtube.com/watch?v=tinLcZ318tc) on the Bloomberg Television channel:
**TLDR:** China is considering lifting tariffs on large engine vehicles for German luxury carmakers to prevent EV levies, while Canada is also looking into imposing tariffs on Chinese EVs.
1. China is considering lifting tariffs on large engine vehicles for German luxury carmakers like BMW and Mercedes to prevent EV levies.
2. Canada is starting a 30-day public consultation to potentially impose tariffs on Chinese EVs and is also considering changes to rules for federal rebate programs and investments in the EV sector.
3. The EU has already imposed tariffs on Chinese EVs, and domestic automakers in Canada are calling for steep tariffs to protect jobs due to concerns about lower labor standards in Chinese EV production.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
bloombergytbot / Bloomberg YouTube Bot
npub1wv…eajqw
2024-06-25 00:56:28
Author Public Key
npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqwPublished at
2024-06-25 00:56:28Event JSON
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"content": "Here's your summary from China Floats Perks for German Luxury Carmakers in Bid to Stop EV Levies (https://www.youtube.com/watch?v=tinLcZ318tc) on the Bloomberg Television channel:\n**TLDR:** China is considering lifting tariffs on large engine vehicles for German luxury carmakers to prevent EV levies, while Canada is also looking into imposing tariffs on Chinese EVs.\n\n1. China is considering lifting tariffs on large engine vehicles for German luxury carmakers like BMW and Mercedes to prevent EV levies.\n2. Canada is starting a 30-day public consultation to potentially impose tariffs on Chinese EVs and is also considering changes to rules for federal rebate programs and investments in the EV sector.\n3. The EU has already imposed tariffs on Chinese EVs, and domestic automakers in Canada are calling for steep tariffs to protect jobs due to concerns about lower labor standards in Chinese EV production.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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