this European Commission are considering lowering tariff About importing Made in China electric car go through Volkswagen and BMW. According to Reuters, two people familiar with the matter said the proposal would reduce tariffs from 37.6% to 20.8%. The potential change comes amid concerns that higher tariffs would negatively impact these automakers, which build some vehicles in China and export them to Europe. BMWThe electric Mini and Volkswagen’s Cupra Tavascan were not included in the European Commission’s preliminary analysis, which resulted in them automatically being subject to the highest tariff levels. manufacturer.
The German auto industry has opposed the tariffs, fearing retaliation from China, which accounts for a third of German car production. Automobile manufacturers‘Last year’s earnings. american automaker Tesla It also demands specific tariffs on its imported products. The European Commission is still reviewing the matter and a final decision is expected in the autumn, two sources said.
A spokesman for Volkswagen declined to comment, and BMW was not immediately available for comment. “Relevant parties will be informed of the committee’s proposals and will have the opportunity to comment before any final measures are published,” the spokesman said.
This shows that the European Commission is still willing to listen to feedback from affected companies before making a final decision. The outcome of this decision could have a significant impact on the European and Chinese automotive industries.
The German auto industry has opposed the tariffs, fearing retaliation from China, which accounts for a third of German car production. Automobile manufacturers‘Last year’s earnings. american automaker Tesla It also demands specific tariffs on its imported products. The European Commission is still reviewing the matter and a final decision is expected in the autumn, two sources said.
A spokesman for Volkswagen declined to comment, and BMW was not immediately available for comment. “Relevant parties will be informed of the committee’s proposals and will have the opportunity to comment before any final measures are published,” the spokesman said.
This shows that the European Commission is still willing to listen to feedback from affected companies before making a final decision. The outcome of this decision could have a significant impact on the European and Chinese automotive industries.