EU imposes tariffs of up to 38% on Chinese electric vehicles
Al JazeeraJUN 2024
There's no need to be afraid of Beijing or its EV technology. Yet, as China opens up its manufacturing sector to foreign investment and seeks partnership with Europe, the West continues to spread fear and anxiety over the PRC's increasingly important place in the world. Today's decision by the EU is a step backward for international collaboration and the fight against climate change, with political agendas placed above world-leading innovation.
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There is a 30% chance that less than 75% of EU imports of rare earth magnets will originate in China in 2030, according to the Metaculus prediction community.