7 Jul, 14:51··

EU Warns Car Industry of Chinese Dumping

EU Observer

The European Union is warning its car industry about the danger posed by Chinese electric vehicle production. Commissioner Séjourné stated that China is using a ‘predatory strategy’ by selling cars at lower prices, causing European manufacturers to operate below capacity and potentially leading to job losses. The EU is considering trade measures to address this issue, including tariffs and investment restrictions.

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