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9973 Chery Automobile Co News Story

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Brief: EU is preparing new tariffs on Chinese plug-in hybrid cars, Handelsblatt reports

BRIEF-EU is preparing new tariffs on Chinese plug-in hybrid cars, Handelsblatt reports

- German business newspaper Handelsblatt, citing EU officials and industry sources:

  • EUROPEAN COMMISSION INTENDS TO IMPOSE COUNTERVAILING DUTIES ON CHINESE HYBRID CARS

  • INVESTIGATION HAS BEEN PREPARED

  • EUROPEAN COMMISSION COULD IMPOSE TARIFFS SWIFTLY AS SOON AS MAJORITY OF MEMBER STATES GIVE APPROVAL

  • AIM IS TO IMPOSE ADDITIONAL COUNTERVAILING DUTIES ON VEHICLES FROM MANUFACTURERS LIKE BYD, CHERY OR SAIC

Source text in German: https://tinyurl.com/udn35yae


(Berlin newsroom)

((berlin.newsroom@thomsonreuters.com))

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