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As talks on the EU-Mercosur trade agreement may be nearing the finish line and farmers are taking the Brussels streets today, BEUC warns the deal is likely to fail to safeguard consumer interests and align with the EU’s sustainability goals. The deal, still expected to be concluded by the end of this year, seeks to enhance trade between the two regions.
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The much-anticipated report from former Italian Prime Minister Mario Draghi, laying out how to boost EU industry’s competitiveness on the global stage, contains positive signals on energy, and trade, but raises questions on competition which could end up hurting European consumers’ pockets.
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Today the European Commission has imposed tariffs of up to 38% on imports of Chinese electric vehicles into the EU. For the European Consumer Organisation (BEUC), this move is part of a legitimate bid to rebalance competition in the EU electric car market. It must now be complemented by action at EU and national level to ensure consumers have access to affordable and innovative electric cars.
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