German & Swedish leaders caution against US-like tariffs on Chinese EVs, fearing global trade disruption.
German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have expressed caution against imposing tariffs on Chinese electric vehicles (EVs), following the US's announcement of heavy duties. Both leaders emphasized their concern that such measures would contribute to dismantling global trade. They highlighted that 50% of electric car imports from China are from Western brands that produce cars there and noted the importance of trade between the West and China.
May 17, 2024
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