Friday, August 9, 2024

China Moves Electric Vehicle Production to Morocco to Avoid US and EU Tariffs

 Benjamindada.com posted on 6 August 2024 an article titled "China's EU Players Chart Course for Morocco Amid Subsidy Squeeze" by Andrew Christian.

Chinese electric vehicle manufacturers are shifting production to Morocco to take advantage of free trade agreements with the US and EU that permit goods manufactured there to enter both markets and bypass import restrictions and tariffs.