China Floats Perks for German Luxury Carmakers in Bid to Stop EV Levies
Vložit
- čas přidán 23. 06. 2024
- Bloomberg has learned that Beijing is floating benefits for Germany’s luxury carmakers if Berlin convinces the rest of the European Union to drop tariffs on Chinese electric-vehicles. Meanwhile, Canada is clamping down on imports of Chinese-made EVs. Minmin Low reports on Bloomberg Television.
Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important business & markets news each morning: bloom.bg/3yGZkd1
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on CZcams:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on CZcams:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on CZcams:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
China only imposed 25% tariff on German’s cars? Should impose same 38% on all EU cars. An eye4eye!
china is weak, they are more dependent on EU than the other way around. They have to be careful and beg and bribe.
China have had 25% tariff on German cars for many years. Europe is just finally starting to catch up with the Chinese strategy.
@@fupopanda - not true! Most German car brands has manufacturing factories in China for all these years. Thus, the tariffs is much lower. Why do you think Elon build an enormous plant in Shanghai? Or VW have theirs too? Thus, pls get the facts correct.
@@eskay2012 what are you even talking about? Cars manufactured in China of course do not apply to the tariffs. Same with Chinese cars manufactured in EU.
@@fupopanda nope not teapot
Harvard studies in the USA in 2017 opined that the Chinese economy can’t innovate.
What happened ?
Now, they are feared the Chinese as too innovative.
They are not
They fear bankruptcy, not innovation. When globalisation took off, it was the Western firms that imported technology abroad, killing local competition. Their investors made billions through unfair monopolistic practices. They never thought one day the same would happen to their firms.
China isn’t really innovating - they do have a low cost structure which helps.
@@apsmith1635 hahahaha jealousy 😂
@@user-kg1od9es5d LOL Only the West feels it has mastered the definition of innovation. Do your own search on the number of patents filed in China each year.
Since EU started, China should raise those EU cars tariff to 50% or more
and bags and shoes and pizza and pasta + sausages.
Please go ahead
@@apsmith1635dude, u got owed in another topic with your idiotic middle school mindset. Now, you are harassing this topic.. you are such a tool😂.
When you are wining at a game you demand your opponent follow the rules. When you realize your opponent is wining you at the game, you demand to change the rules. I guess there was no ICE vehicle overcapacity in the West(US and Germany) and Japan a decade ago, there is no overcapacity of wine and alcohol from France and no semiconductor overcapacity from the West until now….The argument is embarrassing. Maybe, try harder, work harder?
The EU Free Market cannot compete with the Chinese Not-Free Market.
HAHAHAHAH FREE?? G7 is the worst in trade barriers, especially from Southeast asia nations
Do your research! Read more!!
@@leetan4203 prove it
lifting fuel based vehicle tarifs is bad for the enviroment. china should be leading the charge in green technology innovation and progress instead of being pulled down by EU and US.
so much protect mother nature!
Ok so now don’t need to save environment
Whatever EU charges, china should double that for their product.
Not correct information - the EU has not imposed tariffs of 48% on Chinese made EVs. These tariffs depend on the manufacturer and runs from 17% to 38%.
USA loses its power, especially because its debt is 34,000,000,000,000
And you need to plus the existing 10%
Stroud what??!! 😂😂😂
This woman can't talk w/o fumbling for words.
Good!
Europe should lead the future with hybrids, it's s better solution Europe could own. No range issues, sets Europeans apart and works for luxury cars and it's owners that want extra power.
MinMin Low? Is this a joke?
Carrot and stick approach of Stick first, using threats won't work, tariffs are inevitable.
Car manufacturing is German's dinner, after losing breakfast and lunch to Chinese, tariffs will apply.
Regulator, please don’t put American life risking under Chinese EV
lol, no one force u to buy
America loses its control, its debt 34,000,000,000,000
Duped by western media 😀😀😀😀😀
EU should follow suit USA and slap a full 100% import duty
@1life_Only, oh would you look at that? Capitalism and free market at it's finest 😄
So, why haven't the EU already imposed 100% tariff and how is that working out for car prices in the US? 😉
They do not call it tit-for-tat for nothing. EU and China has just about the same GDP except that China has 3 times more population😉
China really knew how to play the card in this global economic challenge. Trying to lure everyone to its influence but in the end, the player (not China) will be on the losing end.
China has learned the art of manipulation from the Western powers through its painful history.
July 4th is American Independence Day
Traitor's Day. As they fought against their king.
Chinese 🇨🇳 electric cars are *heavily subsidized* by many levels of Chinese government. Some people bought them, threw them away without driving, and still made profits.
- That's why there are millions of new cars abandoned by owners across the country.
And this is not an exaggeration.
I think you are talking about a particular point somewhere 2018
No it's not. You forgot your meaningless condolences btw
Western propaganda 😀😀😀😀😀
Indian bot get a life😂
Robot, every piece of news about China has a dog like you slandering it.
200 percent tariffs on Chinese EV’s I will buy a BMW next
That is a lot of pole dancing.😊
BMW = 💩
@@apsmith1635 no thanks . Bought my byd in florida
To normalize relationships with the EU 🇪🇺, China needs to:
- cancel the "No Limits" agreement with Russia,
- stop undermining EU sanctions against Russia,
- talk with Taiwan president-elect Lai Ching-te on an equal basis,
- open independently a study into Wuhan pandemic,
*- stop atrocity of Tibetans and Uyghurs,*
- obey the Hague Tribunal 2016's decision on the SCS,
- Leave European intellectual properties alone, and
*- stop unfair overcapacity exports to EU.*
🤣👉🤡你这种人在中国被称为傻逼
You could have everything in day dream.
Western Propaganda
Hahahahaha
China needs to focus on developing economic and trade relations with non-Western countries, so that Europe and the US lose the Chinese market and the supply of inexpensive goods, after all, their people feel that current prices are not high enough and that it is not interesting to earn Chinese money.
Wrong!