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Trade Tariffs: Difference between revisions
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An early decision to impose duties might win favor in France, but it would likely rile other member states, chief among them Germany. Berlin has sent mixed signals about the probe, reflecting divisions within the coalition government. But there is significant concern in Germany that EU duties would trigger retaliation against its carmakers, which are deeply dependent on the Chinese market. France, on the other hand, has strongly supported the investigation, which it views as an opportunity to bring manufacturing jobs back and increase Europe’s resilience in green technologies. | An early decision to impose duties might win favor in France, but it would likely rile other member states, chief among them Germany. Berlin has sent mixed signals about the probe, reflecting divisions within the coalition government. But there is significant concern in Germany that EU duties would trigger retaliation against its carmakers, which are deeply dependent on the Chinese market. France, on the other hand, has strongly supported the investigation, which it views as an opportunity to bring manufacturing jobs back and increase Europe’s resilience in green technologies. | ||
[[File:Salvo3.png|center|thumb|572x572px|https://rhg.com/research/opening-salvo-the-eus-electric-vehicle-probe-and-what-comes-next/]] | |||
<u>The case of lithium-ion batteries</u> | <u>The case of lithium-ion batteries</u> | ||
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Poland, Hungary, and the Czech Republic’s combined market share reached 36% of EU battery demand in 2021, up from 7% in 2017, and largely driven by investment from South Korean companies Samsung, SK Innovation, and LG Energy. But that share has stagnated over the past two years, while the '''share of Chinese batteries in EU imports jumped to 46% in 2022, from 31% in 2021'''. This was largely due to price differences: in 2022, Chinese batteries were 33% cheaper than those produced in Europe. | Poland, Hungary, and the Czech Republic’s combined market share reached 36% of EU battery demand in 2021, up from 7% in 2017, and largely driven by investment from South Korean companies Samsung, SK Innovation, and LG Energy. But that share has stagnated over the past two years, while the '''share of Chinese batteries in EU imports jumped to 46% in 2022, from 31% in 2021'''. This was largely due to price differences: in 2022, Chinese batteries were 33% cheaper than those produced in Europe. | ||
[[File:Salvo6.png|center|thumb|606x606px|https://rhg.com/research/opening-salvo-the-eus-electric-vehicle-probe-and-what-comes-next/]] | |||
=== <big>China</big> === | === <big>China</big> === | ||
== References == | == References == | ||