STORY: U.S. high tariffs on Chinese EVs outdated, useless: Croatian economist
SHOOTING TIME: May 17, 2024
DATELINE: May 21, 2024
LENGTH: 00:05:12
LOCATION: Zagreb
CATEGORY: ECONOMY/POLITICS

SHOTLIST:
1. various of views in Croatia
2. various of the electric vehicles (EVs) production in China
3. various of White House
4. SOUNDBITE 1 (Croatian): LJUBO JURCIC, Croatian economist and former minister of economy
5. various of the electric vehicles (EVs) production in China
6. SOUNDBITE 2 (Croatian): LJUBO JURCIC, Croatian economist and former minister of economy

STORYLINE:

The U.S. government's move to increase the tariffs on Chinese electric vehicles (EVs) imports is outdated and ineffective, a Croatian economist told Xinhua in a recent interview.

The White House announced last Tuesday its decision to increase the tariffs on Chinese electric vehicles imports from some 25 percent to 100 percent.

Ljubo Jurcic, Croatian economist and former minister of economy, said the real motive of the United States, under the pretext of protecting its automobile industry, is to hurt the Chinese economy, suppress China's growth, and preserve the U.S. leading position in the world.

SOUNDBITE 1 (Croatian): LJUBO JURCIC, Croatian economist and former minister of economy
"This is actually more of a political measure than an economic measure, so to speak.
America is trying to slow down China's development in order to preserve its leading role in the world for the next 50 years."

Jurcic explained that the U.S. high tariffs try to completely ban the export of Chinese EVs to the U.S. market, only to the detriment of both the American EV industry and the American consumers.

SOUNDBITE 2 (Croatian): LJUBO JURCIC, Croatian economist and former minister of economy
"This will make damage to American consumers because they will now have less technological goods and more expensive goods."

Xinhua News Agency correspondents reporting from Zagreb.
(XHTV)