Economics Daily

Two-Front Trade War Risk Limits China’s Options

A BYD Co. showroom in Shanghai, China, on Sunday, June 9, 2024. 

Photographer: Raul Ariano/Bloomberg

I’m Chris Anstey, an economics editor in Boston, and today we’re looking at China’s likely response to Europe’s tariffs on its EVs. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

In slapping tariff hikes on Chinese electric vehicle imports, the European Union has an effective shield against retaliation by Beijing: the US.