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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 balance trade with Beijing. The move would add to existing EU measures against Chinese vehicle imports and reflects growing concern in Brussels over the surging volume of Chinese-made cars entering the European market and their impact on European automakers.
Why now: EU trade tensions with China over car imports are escalating and directly affect European industry
European UnionChinaChinese hybrid car manufacturers
Evidence
- EU Prepares Import Cap on Chinese Hybrid Cars to Balance Trade · Bloomberg.com
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