18.4 C
New York
May 17, 2025
Brexit Business Electric, hybrid and low-emission cars europe European Commission European Union Eurozone International trade news Road transport UK news World news

EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs

EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs

Exclusive: ‘Cushion’ for carmakers facing looming tariff under deal for vehicles traded between EU and UK from start of 2024

The European Commission has hatched confidential Plan B proposals to “cushion” the impact of a looming 10% tariff on imports and exports of electric vehicles, the Guardian has learned.

The proposal was presented to member states on Monday in response to pressure from carmakers to amend some of the conditions imposed when the UK left the EU in January 2021.

Continue reading…

Related posts

Auschwitz survivors return to camp as they and world leaders mark 80th anniversary of its liberation – live

TheWorldsNews

Russia-Ukraine war live: missile strikes leave 10 million Ukrainians without power, says Zelenskiy

TheWorldsNews

Cautious optimism in Ukraine over minerals deal with Trump

TheWorldsNews

Pin It on Pinterest

Share This