
Sign up to save your podcasts
Or


The European Union this week moved ahead with plans to impose provisional tariffs on electric vehicles imported from China that would raise rates to as high as 48%, a step likely to escalate trade tensions with Beijing. The EU move follows a US decision to impose a 100% duty on EVs from China, though shipments are currently close to zero. Canada last month said it’s weighing tariffs as well. While China has threatened to retaliate, the EU’s comparatively well-off consumers represent an important outlet for domestic EV makers battling overcapacity. So why are so many countries taking aggressive action to protect their electric vehicle industries? Craig Trudell, Bloomberg’s Global Automotive Editor joins Stephen Carroll to explain.
See omnystudio.com/listener for privacy information.
By Bloomberg4
5959 ratings
The European Union this week moved ahead with plans to impose provisional tariffs on electric vehicles imported from China that would raise rates to as high as 48%, a step likely to escalate trade tensions with Beijing. The EU move follows a US decision to impose a 100% duty on EVs from China, though shipments are currently close to zero. Canada last month said it’s weighing tariffs as well. While China has threatened to retaliate, the EU’s comparatively well-off consumers represent an important outlet for domestic EV makers battling overcapacity. So why are so many countries taking aggressive action to protect their electric vehicle industries? Craig Trudell, Bloomberg’s Global Automotive Editor joins Stephen Carroll to explain.
See omnystudio.com/listener for privacy information.

404 Listeners

1,170 Listeners

2,201 Listeners

1,967 Listeners

420 Listeners

353 Listeners

969 Listeners

198 Listeners

1,302 Listeners

30 Listeners

59 Listeners

5 Listeners

154 Listeners

58 Listeners

233 Listeners

234 Listeners

63 Listeners

85 Listeners

80 Listeners

76 Listeners

86 Listeners

403 Listeners

18 Listeners

12 Listeners

23 Listeners

7 Listeners

2 Listeners

114 Listeners

22 Listeners