Spanish expert warns consumers will suffer most due to EU tariffs on Chinese EVs


  • World
  • Sunday, 23 Jun 2024

BARCELONA, Spain, June 22 (Xinhua) -- As the European Commission plans to impose additional duties on imports of Chinese electric vehicles (EVs), a Spanish expert warned that consumers would suffer the most from the escalating trade frictions.

The European Union (EU)'s move would not foster economic prosperity, Josep Maria Gomes, international business developer at the Barcelona Chamber of Commerce, made the remarks in a recent interview with Xinhua.

The European Commission on June 12 revealed a list of protectionist duties it would levy on imports of battery electric vehicles from China, sparking opposition and concerns from governments and businesses across Europe.

The provisional duties envisaged by the Commission on the imports of EVs from China would range from 17.4 percent to 38.1 percent.

Speaking about the tariffs on imports of Chinese EVs, Gomes said that consumers would be hurt most, adding that "we have seen over the years how protectionism has failed to bring ... a more competitive economy, and nor does it safeguard jobs."

"Whether it's electric cars, batteries or other types of Chinese investment, if we make it difficult for investors through the imposition of tariffs or other protectionist barriers, then we will be only hurting ourselves," he said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Climate change boosted deadly Saudi haj heat by 2.5 C, scientists say
China tops list of Saudi export destinations in April
Former Portuguese PM Costa vows to promote EU unity as Council chairman
Roundup: Two Chinese giant pandas arrive in U.S., first time in two decades
3rd LD Writethru: Freight train derails south of Chicago, no injuries reported
EU leaders nominate von der Leyen to head Commission for second term
Ukraine military says Russian troops pushed out of part of key eastern town
French party leaders hold heated last election debate
Israel reports 3 new fatalities from West Nile fever, total at 7
Mexico's president-elect picks close ally for energy minister

Others Also Read