Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans. The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars. Charges of up…
By Belén Carreño MADRID (Reuters) – The European Union should seek a compromise and negotiated outcome with China, Spain said on Thursday, on the eve of a crucial EU vote on electric vehicle (EV) tariffs. Instead of imposing tariffs, the EU should “keep negotiations open … beyond the binding vote” to strike a deal on…
(Reuters) – The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct. 4, Bloomberg News reported on Saturday, citing people familiar with the matter. Member states have received a draft of the regulation for the proposed measures, the report said,…
In European Union circles, last week will be remembered for European Commission President Ursula von der Leyen’s consolidation of her position as the most powerful politician in Brussels. She vanquished her rivals and pitted her new commissioners against each other in a grand reshaping of the bloc’s executive functions, blurring the lines of reportage and…
HONG KONG (Reuters) -China’s commerce minister said on Wednesday that Beijing will continue to negotiate “until the last minute” on the European Union’s electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe. Wang Wentao was speaking in Brussels at a China-Europe Electric Vehicles event where around 30 top executives of…
BRUSSELS, Sept 17 – European Commission President Ursula von der Leyen on Tuesday nominated her candidates for posts in the EU executive. Who’s who in top picks for European Commission Each of the EU’s 27 member states gets a seat at the Commission table. Here are some of the key posts and nominees: BUDGET Piotr…
Germany and China are actively working to convince European Union members to oppose electric vehicle tariffs during a vote next week, senior EU sources say. Berlin has been phoning other capitals in a late bid to get them to oppose the duties during a vote planned for September 25. The development comes as Chinese commerce…
Apple has announced it will allow iPad apps to be sold via third-party app stores in the European Union from Monday, September 16, coinciding with the release of iPadOS 18. The move follows Apple’s tolerance in the bloc for alternative app stores on iPhones, which happened earlier this year in compliance with the EU’s Digital…
“Europe has a China problem.” These are not words you would have heard from a budding EU trade commissioner a decade ago, when cutting juicy deals with booming economies like China was the top line of the job description. But in 2024, this might be the kind of rhetoric needed if you want to be…