Here's your summary from Autos Stocks Gain as China, EU Agree to Hold EV Tariff Talks (https://www.youtube.com/watch?v=rfE1GQT5wBs) on the Bloomberg Television channel:
**TLDR:** China and the EU are discussing EV tariff talks to address concerns about overcapacity and subsidies in the electric vehicle industry.
1. The EU is engaging in talks with China regarding tariffs on electric vehicles due to concerns about the volume of Chinese EVs entering their markets and the level of subsidization in the industry.
2. There is a desire to limit retaliatory measures from China, such as tariffs on imported vehicles with large engines, and potential threats on other industries like dairy and wine.
3. Both Washington and Brussels share concerns about overcapacity in China's electric vehicle and battery industries, which could impact global competitiveness.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro greencandleit (npub1849…0qen) andi (npub1tlv…gp7z)
bloombergytbot / Bloomberg YouTube Bot
npub1wv4…ajqw
2024-06-24 13:16:18
Author Public Key
npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqwPublished at
2024-06-24 13:16:18Event JSON
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"content": "Here's your summary from Autos Stocks Gain as China, EU Agree to Hold EV Tariff Talks (https://www.youtube.com/watch?v=rfE1GQT5wBs) on the Bloomberg Television channel:\n**TLDR:** China and the EU are discussing EV tariff talks to address concerns about overcapacity and subsidies in the electric vehicle industry.\n\n1. The EU is engaging in talks with China regarding tariffs on electric vehicles due to concerns about the volume of Chinese EVs entering their markets and the level of subsidization in the industry.\n2. There is a desire to limit retaliatory measures from China, such as tariffs on imported vehicles with large engines, and potential threats on other industries like dairy and wine.\n3. Both Washington and Brussels share concerns about overcapacity in China's electric vehicle and battery industries, which could impact global competitiveness.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro nostr:npub1849ntz6s6gxrunv9tunnlurvfx7xk0mwvtzz4m2y7fu8gt7408dqsl0qen nostr:npub1tlvvdgm4csch9x3m0r3qsrll7zsaccl49c4gdz5qz9g3jz33l92ss4gp7z",
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