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What EU should consider before levying tariffs on Chinese EVs

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Chinese and European officials are set to meet in Brussels to discuss European tariffs on Chinese electric vehicles. Besides the harm caused to the global economic order by tariffs and trade barriers, what should the EU consider? "There is no way the world will achieve the Paris goals for reducing carbon emissions without the capacity of the Chinese renewable energy industry," said Benedikt Sobotka, CEO of Eurasian Resources Group and co-chair of the Global Battery Alliance (GBA). China's renewable energy technology is at such an advanced stage that it now holds sway on the industry globally. This may be particularly important for Europe, where low-carbon life reigns supreme.

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