EU countries find it difficult to agree on punitive tariffs

EU countries find it difficult to agree on punitive tariffs

Tuesday’s vote on punitive tariffs on Chinese electric cars shows division within the EU.

This week, the EU voted on the introduction of punitive tariffs on electric cars manufactured in China. The idea is that they will overcome price dumping on the part of China.

European Commission President Ursula von der Leyen has previously said that the tsunami of cheap and subsidized electric cars is a threat to the EU’s internal market.

But the EU Parliament is divided. Sweden cast its vote together with ten other countries. Twelve countries voted in favor and four against.

According to government sources, among others Germany and Finland, like Sweden, did, in other words, put down their vote. While France, Spain and Italy voted for the punitive tariffs.

A second vote in three months will make the final decision. If the result is the same as on Tuesday, it means that the proposal will go through. In order for the plans for punitive tariffs to be scrapped, it is required that 15 member states, representing 65 percent of the EU’s population, vote against, writes Reuters.

The plans for penalty duties became known at the beginning of June and already at the beginning of July they were tentatively implemented. This means that Chinese electric cars receive penalty duties of up to 37.6 percent, which in turn are added on top of the 10 percent duties that already exist, as Car Whiz team previously reported.

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