
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.

410 Listeners

1,173 Listeners

2,174 Listeners

1,856 Listeners

414 Listeners

352 Listeners

965 Listeners

192 Listeners

60 Listeners

1,289 Listeners

31 Listeners

60 Listeners

4 Listeners

156 Listeners

56 Listeners

232 Listeners

218 Listeners

61 Listeners

74 Listeners

73 Listeners

63 Listeners

83 Listeners

382 Listeners

22 Listeners

12 Listeners

22 Listeners

7 Listeners

2 Listeners

78 Listeners
24 Listeners