España se está forjando un camino como país “conector”, atrayendo inversiones chinas mientras evita posicionarse sobre los aranceles europeos a los vehículos eléctricos.
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.
The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
A Rio Tinto mine that Europe sees as a critical source for electric vehicle batteries has been the target of enormous protests. “I don’t need green cars. I need green apples and green grass,” said one opponent.
The European Union took the next step toward collecting heavy tariffs on electric vehicles, ahead of a final decision in October.