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

Bullet points of EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says
- The European Union is set to vote on imposing tariffs on Chinese electric vehicles
- Hungary's prime minister, Viktor Orbán, has pledged to vote against the plan
- Orbán believes the plan is a form of economic protectionism that would harm the EU's economy
- Hungary has pursued close ties with China and Russia, while its Western partners seek to distance their economies from those countries
- The EU has imposed provisional tariffs of up to 37.6% on EVs made in China, citing government subsidies
- China has launched retaliatory investigations into French cognac exports and European pork
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