BMW Urges Germany to Vote Against EU Tariffs on Chinese Electric Vehicles
BMW has called on the German government to take a clear stance against the European Union’s decision to impose high tariffs on electric vehicles imported from China.
This appeal reflects the concerns of German car manufacturers about the potential negative consequences of a trade conflict with China,
one of their key markets.
Topic
Tariff Vote
The European Union is set to vote soon on the implementation of tariffs of up to 45% on electric vehicles imported from China.
To block the tariffs, opposition from 15 EU member states representing 65% of the population is required.
However, reports suggest that the German government may choose to abstain from the vote rather than actively oppose it,
which could make it more difficult to prevent the tariffs from being imposed.
Seeking a Negotiated Solution
Germany hopes to reach a negotiated solution in ongoing talks between the EU and China.
German Chancellor Olaf Scholz and French President Emmanuel Macron are expected to discuss this issue in upcoming meetings.
Meanwhile, German car manufacturers such as BMW, Mercedes-Benz, and Volkswagen are opposing the proposed tariffs,
warning that their implementation could prompt retaliatory measures from China,
negatively affecting their sales in this crucial market.
BMW Urges Germany to Vote