EU Tariffs Prompt European Companies to Reduce Dependency on China, German Media Reports

Reported about 1 year ago

German business newspaper 'Handelsblatt' publishes opinions on EU tariffs on Chinese-made cars, with one favoring EU measures to defend fair trade and combat unfair competition, and another worrying about hindering Europe's green energy transition and the negative impact on European businesses, especially in the electric car sector. The article also discusses the potential consequences of EU punitive tariffs on China and how German companies may need to adjust their operations to reduce reliance on the Chinese market.

Source: YAHOO

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