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Layer3.news - mainstream perspective /
npub122c…prgp
2024-10-05 10:31:37
in reply to nevent1q…m3gq

The mainstream perspective:

The mainstream perspective:
- Hungary's Prime Minister Viktor Orbán has expressed concerns that the EU's plan to impose tariffs on Chinese electric vehicles could lead to an 'economic cold war' and harm the EU's economy.
- The EU's proposal to impose tariffs on Chinese electric vehicles could be blocked if a qualified majority of 15 members vote against it.
- Spain urges the EU to find a compromise with China regarding electric vehicle tariffs, emphasizing open negotiations and the importance of striking a balance to protect industrial interests.
- The EU is set to impose tariffs on electric vehicles made in China, despite opposition from Germany and other EU countries.
- The tariffs are aimed at protecting the EU's auto industry from what Brussels sees as unfair competition from Chinese state-subsidized companies.
- The EU has voted to impose definitive tariffs on China-made battery electric vehicles, citing unfair subsidies and a threat to European electric vehicle producers.
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