EU's new tariff hike on China-made EVs puts bilateral trade ties to the test

Sino-EU economic relations are once again put to the test. Brussels is on its way to imposing an additional tariff of up to nearly 40 percent on China-made electric vehicles despite opposition from some major EU automakers and environmental groups. Will the new tariff help Europe build up its EV manufacturing edge? What does it mean for European consumers and Chinese EV makers? And how may Beijing counteract? Host Tu Yun joins Andy Mok, a Senior Research Fellow at the Center for China and Globalization, William Lee, the Chief Economist at the U.S.-based Milken Institute, and Dr. George Tzogopoulos, Director of EU-China Programmes and a Senior Research Fellow at the European Institute of Nice for a close look at the issue on this episode of Chat Lounge.