New EU Green Rules to Hurt Developing Country Exporters
The Ecodesign for Sustainable Products Regulation (ESPR), recently adopted by the EU, mandates stricter environmental standards for a wide range of goods sold within the bloc.
Trade War Intensifies as EU Ups Tariffs on Chinese Electric Vehicles to 38%
The move, announced by the European Commission on Wednesday, will see tariffs on Chinese-made EVs increase from the current 10% to 38%, effective July 4th, unless a “solution” is reached with China regarding the subsidy issue.