10.8 C
New York
April 28, 2024
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

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

Russia-Ukraine war live: ‘We have enormous resources and haven’t started yet to act very seriously,’ says Kremlin ambassador to UK

TheWorldsNews

Georgian film-maker Otar Iosseliani dies at 89

TheWorldsNews

Russia-Ukraine war live: Biden says the US will not provide F-16 fighter jets to Ukraine

TheWorldsNews

Pin It on Pinterest

Share This