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CHINA-EU: Macron Voices Support For EV Tariffs As RTRS Reports Vote Set To Pass

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Speaking at the Berlin Global Dialogue in Germany, French President Emmanuel Macron says that he supports the European Commission's stance on imposing permanent duties on Chinese-made electric vehicles. Michaela Kuefner at DW: "I have a suggestion, when both US and China don't respect the rules, we should not be the only one in the room to just play by the book." French President Macron warns "we will be out of the market" unless the EU agrees on an "investment shock." Ideally wants more joint debt. 

  • Macron now speaking in Q&A. Livestream here. Asked directly on whether he thinks the EU vote on Chinese EV tariffs will pass on 4 Oct Macron says that he 'doesn't know' but reiterates his support for the Commission's stance. Says that it is about fair competition and tariffs are 'a matter of credibility' for EU markets given his view that 'the Chinese market for our carmakers has changed in the last few years, it is less open fo our companies'.
  • The German gov't is seen as opposed to the tariffs, which could emerge as another point of contention between the EU's two largest economies. Reuters reported a short time ago that according to its sources, there is enough backing at the EU to impose the tariffs. A qualified majority (with 55% of member states representing 65% of the EU population) is required to pass the measure. The article claims France, Greece, Italy and Poland (representing 39% of the population) are just some of those set to back the plans. 

 

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Speaking at the Berlin Global Dialogue in Germany, French President Emmanuel Macron says that he supports the European Commission's stance on imposing permanent duties on Chinese-made electric vehicles. Michaela Kuefner at DW: "I have a suggestion, when both US and China don't respect the rules, we should not be the only one in the room to just play by the book." French President Macron warns "we will be out of the market" unless the EU agrees on an "investment shock." Ideally wants more joint debt. 

  • Macron now speaking in Q&A. Livestream here. Asked directly on whether he thinks the EU vote on Chinese EV tariffs will pass on 4 Oct Macron says that he 'doesn't know' but reiterates his support for the Commission's stance. Says that it is about fair competition and tariffs are 'a matter of credibility' for EU markets given his view that 'the Chinese market for our carmakers has changed in the last few years, it is less open fo our companies'.
  • The German gov't is seen as opposed to the tariffs, which could emerge as another point of contention between the EU's two largest economies. Reuters reported a short time ago that according to its sources, there is enough backing at the EU to impose the tariffs. A qualified majority (with 55% of member states representing 65% of the EU population) is required to pass the measure. The article claims France, Greece, Italy and Poland (representing 39% of the population) are just some of those set to back the plans.