Hungary FM: Punitive Tariffs on Chinese EVs a Blow to EU Competitiveness

The European Commission has dealt another major blow to the bloc's competitiveness by slapping punitive tariffs on Chinese electric vehicles as the measure does not serve the interests of European countries or companies, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said on Thursday.

Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto in a vehicle by the Chinese electric car manufacturer BYD before its Suppliers' Forum on October 15, 2024. Next to him, Bu Guiyun, director of BYD Service Procurement Center (second from left) (Photo: MTI/Zoltan Kocsis)