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3 June 2024
Car Wars – The US, China and Electric Vehicles (Part 1)
The BYD Seal electric vehicle from China is being showcased at the Indonesia International Motor Show, 2024 ©Reuters
Amid rising concern about the effect of China’s industrial overcapacity on global markets, the US has adopted tariff measures intended to address China's trade practices and industrial policy in several strategic sectors, notably electric vehicles (EVs). In retaliation for what Beijing sees as US protectionism, China is moving ahead with tariffs on US imports, including cars. Move and counter-move have propelled the issue of EVs to the centre of US-China trade relations.
What are the political, economic and technological dynamics of the competition between Washington and Beijing over EVs? Where does the EV issue feature in the US-China dialogue on climate action? And is the sparring between Washington and Beijing on EVs a harbinger of escalation in their trade relations more broadly?
Podcast by AIG with:
- Scott Kennedy - Senior Advisor and Trustee Chair in Chinese Business and Economics, CSIS (Center for Strategic & International Studies)
- Wendy Cutler - Vice President and Managing Director, Washington, D.C. Office, ASPI (Asia Society Policy Institute)
Moderated by Rem Korteweg - Senior Research Fellow, Clingendael Institute
More info here