Hungary, Germany and Spain's Positions on EU's Proposed Tariffs on Chinese Electric Vehicles

TapTechNews October 4th news, according to Reference News citing Latin American News Agency reports, Hungarian Foreign Minister Peter Szijjarto confirmed on October 3rd that Hungary refused the European Commission's proposal to levy tariffs on Chinese electric vehicles.

On October 3rd, Hungarian Foreign Minister Szijjarto said on social media that the EU's levy of tariffs on Chinese electric vehicles would strangle the future competitiveness of the European economy, and Hungary will vote against this proposal on the 4th. Szijjarto said that this proposal is opposed by large European car manufacturers, and from the perspective of the entire European economy, this proposal is 'extremely risky' and 'extremely dangerous'.

In addition, according to Reuters citing informed sources, Germany will vote against the EU's levy of tariffs on imported electric vehicles from China on October 4th. In July this year, Germany abstained in the first non-binding vote of the European Commission, but since then, the industry has been pressuring the German government to vote against in the vote of EU member states on the 4th.

At the same time, TapTechNews noted that Spain said on October 3rd that the EU should reach a compromise with China through negotiations. Spanish Minister of Economy, Trade and Enterprise Xavi Quero pointed out in a letter to the Executive Vice President of the European Commission and Trade Commissioner Valdis Dombrovskis that the EU should not levy tariffs, but should 'keep the negotiation open... after the binding vote', and reach an agreement on issues such as prices and the transfer of battery production to the EU.