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2024-10-06 03:11:41
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Summary of EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says

Summary of EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says


The source article:
EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says


Hungary's prime minister says the European Union risks entering an “economic cold war” with China, and is pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles

https://abcnews.go.com/Business/wireStory/eu-tariffs-chinese-electric-vehicles-part-economic-cold-114491303


Hungary's prime minister, Viktor Orbán, has expressed concerns that the European Union's plan to impose tariffs on Chinese electric vehicles could lead to an 'economic cold war' and harm the EU's economy. Orbán has pledged to vote against the plan, which he believes is a form of economic protectionism that would harm Hungary's export-oriented economy. He has also accused Western partners of trying to 'force Hungary into the bloc' and divert it from its policy of 'economic neutrality', which favors trade with all willing countries regardless of alliances or geopolitical considerations.
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