The perspective of eastern-bloc says:
- China is investigating EU dairy product subsidies, affecting Irish farmers, in response to EU's proposed anti-subsidy duties on Chinese-made electric vehicles.
- The EU is facing pressure from China to influence a crucial vote on adopting EV tariffs in October, amid concerns about being caught in the crossfire.
- Chinese carmakers and industry associations are considering raising import tariffs on large engine petrol-powered vehicles in response to EU's tariffs on Chinese-made electric vehicles.
- European Commission President Josep Borrell warned about the possibility of a trade war with China due to cheap Chinese-made products being diverted to the European market.
- Borrell expressed doubts about reviving the EU-China investment deal over sanctions and emphasized avoiding systematic confrontation with China.
- The situation highlights the complexities of international trade disputes and their far-reaching effects, including the potential impact on farmers and industries.
Layer3.news - eastern-bloc perspective /
npub1mg…nr8px
2024-09-03 00:18:29
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2024-09-03 00:18:29Event JSON
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