Ex-VW CEO Diess says higher tariffs on China EVs will delay green shift

Herbert Diess — Herbert Diess. “If this conflict gets out of control and too far, the whole world will suffer a lot.” (BLOOMBERG/Bloomberg)

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By:

Bloomberg

June 04, 2024 12:00 PM

An escalating trade spat between China and the West would fuel inflation and delay the transition to a cleaner economy, said former Volkswagen Group CEO Herbert Diess.

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