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Business Matters: The EU imposes new tariffs on China’s EV’s

The EU imposes new tariffs on China’s EV’s

13/06/2024 GMT

BBC World Service - Business Matters, The EU imposes new tariffs on China’s EV’s

China’s EV shares drop after the European Union imposes new tariffs.

Trading wars deepen between China and the European Union as new tariffs are imposed on China’s EV market.

Shares in several Chinese electric car companies have taken a hit after the European Union imposed new tariffs. The trade barriers have been introduced because the EU says Chinese state subsidies make competition unfair. Our guests from China and the US present their arguments about the on-going issue.

Interest rates in the US remain at a 23-year high and inflation is forecasted to rise. Sam Fenwick finds out how consumers are feeling, and the ways businesses are trying to find extra revenue.

We’re joined throughout the programme by two guests on opposite sides of the world – Tony Nash - CEO of Complete Intelligence, based in Houston, Texas and Karen Percy, senior freelance reporter in Melbourne.

[IMAGE CREDIT: PA]

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