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EU Prepares Import Cap on Chinese Hybrid Cars

Original: EU Prepares Import Cap on Chinese Hybrid Cars to Balance Trade

The European Union is preparing to cap imports of Chinese hybrid cars as part of efforts to rebalance trade with Beijing, according to Bloomberg. The move would add to existing European measures against Chinese vehicle imports, amid concerns in Brussels about the growing share of Chinese-made cars in the EU market and their impact on European automakers.

Why now: Ongoing EU-China trade tensions over the automotive sector are keeping scrutiny of Chinese car imports high.

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Rank over time, top of the chart is #1. 4 snapshots from 3 h ago to 10 min ago.

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