Europe Moves to Curb the Flood of Chinese Hybrid Cars | HappeningNow.news

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Europe Moves to Curb the Flood of Chinese Hybrid Cars

The leading economics blog online covering financial issues, geopolitics and trading.

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The leading economics blog online covering financial issues, geopolitics and trading. According to Bloomberg , the European Commission is preparing so-called safeguard measures to limit imports of Chinese hybrid vehicles , most likely via tariff-rate quotas that slap a levy on anything above a set volume. The cap would be time-limited, and Brussels plans to use hybrids as a "test case" which, if successful, could be replicated in other sectors where the bloc is drowning in Chinese imports.

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