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| Name | Here's Why Countries Are Desperate To Defend Their EV Industries | Here's Why |
| Video Uploader | Video From Bloomberg Podcasts |
| Upload Date | This Video Uploaded At 05-07-2024 13:42:37 |
| Video Discription | The European Union this week moved ahead with plans to impose provisional tariffs on electric vehicles imported from China that would raise rates to as high as 48%, a step likely to escalate trade tensions with Beijing. The EU move follows a US decision to impose a 100% duty on EVs from China, though shipments are currently close to zero. Canada last month said it’s weighing tariffs as well. While China has threatened to retaliate, the EU’s comparatively well-off consumers represent an important outlet for domestic EV makers battling overcapacity. So why are so many countries taking aggressive action to protect their electric vehicle industries? Craig Trudell, Bloomberg’s Global Automotive Editor joins Stephen Carroll to explain. Listen to more Here's Why: https://www.youtube.com/playlist?list=PLe4PRejZgr0N5wekAS6LWEAYqNAHcv7Bk Here's Why: Where we take one news story and explain it in just a few minutes with help from our experts at Bloomberg. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video #News #Podcast #Bloomberg |
| Category | News & Politics |
| Tags | Business | Business News | Investing | News | bloomberg | bloomberg news | news | news explained | news podcast | news radio | news recap | podcast | podcasts | Why Countries Are Desperate To Defend Their EV Industries |
