How are EU tariffs on China-made EVs hurting European auto market?

The European Commission has voted to impose tariffs on Chinese electric vehicles. China’s Commerce Ministry has strongly opposed the EU action, noting that the industry did not request the anti-subsidy probe into Chinese EVs. Some EU member states and their auto industries also strongly oppose the tariffs. Is this proposal driven by genuine economic competition or by political considerations? How will the tariffs affect competition in the European EV market and change Chinese EV makers’ global strategies? Host Xu Yawen joins Prof. Li Lun, Assistant Professor of Economics at Peking University, Helga Zepp-LaRouche, Founder of The Schiller Institute, a Germany-based think tank, and Prof. Warwick Powell, Senior Fellow at the Taihe Institute and Adjunct Professor at Queensland University of Technology, for a closer look at the issue on this episode of Chat Lounge.