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EU automotive suppliers see Chinese EVs tariffs as a ‘temporary respite’ but fear retaliation

( June 12, 2024, 14:37 GMT | Official Statement) -- MLex Summary: Clepa, the European Association of Automotive Suppliers, said today that the new EU tariffs to Chinese electric vehicles, ranging from 17.4 percent to 38.1 percent, “can only provide a temporary respite and bear the risk of retaliation.” The trade association has urged the European Commission to focus on “making the EU more competitive” instead of “relying on protectionist measures.”Full statement follows:...

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