EU-China Trade Tussle: Brussels Divided Over Chinese EV Tariffs | Vantage with Palki Sharma
The European Union is split on the issue of tariffs on China-built electric vehicles. In a recent non-binding vote, 12 EU members supported the tariffs, four opposed them, and 11 abstained. The European Commission, which oversees the EU's trade policy, has proposed provisional duties of up to 37.6% to counter alleged unfair subsidies for Chinese EV makers. There are growing divisions within the EU, especially on the foreign policy front. This week, EU members decided to boycott a foreign policy summit hosted by Hungary's Prime Minister Viktor Orban. Palki Sharma tells you more.
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China | European Union | Tariff War | Viktor Orban | Hungary | Trade | Economy | EV | BYD | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #europeanunion #tradewar #electricvehicle #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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