www.bloomberg.com
The EU is considering revising tariffs on Volkswagen’s electric SUV manufactured in China, potentially alleviating the financial burden imposed by the bloc’s increased levies on Chinese-made EVs. This review offers a glimmer of hope for VW, which faces higher import costs due to the tariffs aimed at protecting European automakers. The outcome of this review could significantly impact VW’s competitiveness in the European EV market and influence the broader trade relationship between the EU and China.
