France’s new foreign minister said his country supports a European Union plan to impose tariffs on electric vehicles produced in China given the subsidies Beijing has used to maintain dominance in the sector.
“The intention of the EU by raising those tariffs is not to engage in some form of general protectionist policy with respect to China,” Jean-Noel Barrot said in an interview with Bloomberg Television’s
Applying reciprocity measures will allow Europe to remain “more independent, stronger economically and strategically more autonomous,” he said.
WATCH: Jean-Noel Barrot, France’s new foreign minister, said his country supports a European Union plan to impose tariffs on EVs made in China. Source: Bloomberg
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.