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Key vote on EU tariffs for Chinese EVs sparks trade contention

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EU governments face a pivotal vote on Chinese electric vehicle tariffs

Full story on PiQ Suite

European Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc’s highest-profile trade issue, which threatens retaliation from Beijing.

The EU proposal could be blocked if a qualified majority of 15 EU member states, representing 65% of the EU population, vote against it. But this is a big obstacle.

Reuters reported on Wednesday that France, Greece, Italy and Poland would vote in favor of the agreement, enough to avoid a blocking majority against the tariffs.

Germany, the region’s largest economy and largest car producer, is scheduled to vote against imposing tariffs, which had previously abstained from voting.

German automakers, of which China accounts for nearly a third of sales, have been particularly vocal against tariffs.

Volkswagen said they were “the wrong approach”.

Note: As Arno Points here Sweden abstains from voting as it appears to be getting a special deal for Volvo

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