Joanna Sopinska:
"The EC is considering resolving a contentious dispute with China over anti-subsidy levies on battery electric vehicles by implementing a minimum price on their imports, #MLex has learned
This solution, contingent upon China's commitment to invest in the bloc's battery production&"
So what does it mean for rules of EV #imports? Those rule of origin loopholes are set to be closed
@joannasopinska.bsky.social @oscarpandiello.bsky.social
+ @lucabertuzzi.bsky.social have more 👇 ($) 🧵 (2/3)
#trade #China
www.mlex.com/mlex/energy/...
Mexico joins Canada, saying it will target the US with retaliatory tariffs of 25%.
„We are considering several non-tariff measures, including some relating to critical minerals, energy, procurement and other partnerships.
We will stay strong for Canada!”
“This will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days to allow Canadian importers and supply chains to seek to find alternatives.”
‼️“Canada will be responding to the US trade action with 25% tariffs against $155 billion worth of American goods,” Justin Trudeau said.
@joannasopinska.bsky.social:
"‼️SCOOP Tesla Shanghai targets EU with lawsuit over EV duties
US carmaker Tesla's plant in Shanghai has filed a lawsuit against the EU anti-subsidy duties on China-made electric vehicles, MLex has learned.
The appeal at the bloc’s General Court comes ..."
