Orbán: Chinese electric car tariffs a blow to European economy

The European Commission is set to impose tariffs on Chinese electric cars, a huge blow for the European economy and for the automotive industry in Germany, Prime Minister Viktor Orbán said on “X” (formerly Twitter), on Saturday.

“Germany and European industry can no longer convince the Commission to be reasonable. But then, who can?” Orbán posted.

The @EU_Commission is set to impose tariffs on Chinese EVs – a huge blow for the European economy and for the automotive industry in #Germany. Germany and European industry can no longer convince the Commission to be reasonable. But then, who can?

— Orbán Viktor (@PM_ViktorOrban) October 5, 2024

The European Commission said on Friday that its proposal to impose definitive countervailing duties on imports of battery electric cars from China had obtained the necessary support from EU member states for the adoption of tariffs.

The EC also said that the EU and China would continue to “work hard to explore an alternative solution that would have to be fully WTO-compatible”.

Five member states, including Hungary and Germany, voted against the proposal, while twelve, among them Spain and Sweden, abstained.

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1 Comment

Larry

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The Real Person!

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says:

06/10/2024 at 14:17

Everyone warned you about going into business with the Chinese didn’t they? Battery factories have to be the absolutel lowest part of the automotive production chain. No one wants them because they are an environmental disaster but Orban brings them all to Hungary like a complete idiot.