Trade barriers on Chinese EVs a 'big trap', says Stellantis CEO

Paris (AFP) May 16, 2024

Placing 100 percent tariffs on Chinese cars, as the United States has just done, is a "huge trap", the head of the Stellantis automobile group said Thursday. "When you put a bubble around a market, whether it is the American market or the European market, the first thing you do is create massive inflation within the bubble," said Carlos Tavares, whose group includes brands from France (Peu