Seat against tariffs: “They will have significant negative consequences”

Europe this Friday confirmed tariffs of up to 35% on cars imported from China. The measure approved, with the absence of Spain and the refusal of Germany, has already aroused the disapproval of the seat. The company, a subsidiary of Volkswagen, warned about “significant negative consequences” of the decision. However, those responsible for the EU are continuing to negotiate an agreed solution with the Asian giant.

But the company, headed by Wayne Griffiths, is clear: “Seat strongly rejects the decision, which is difficult to understand, especially when compared to the more favorable tariffs applied to non-European competitors.” The company will also be affected when importing Cupra Tavascan, which is produced in China and faces a tariff of more than 20%.

“This decision will have significant negative consequences for both the company and the European automotive industry in general,” he said. And with a 20% tariff, Seat is forced to sell vehicles at a loss. “The new tariffs will harm the company’s financial stability and could also threaten jobs,” he said.

Griffith had already warned that the tax threatened the financial strength of the entire seat. And it may also be forced to reduce production of combustion cars to meet CO2 objectives imposed by the EU.

“We call on both Europe and the Chinese government to continue dialogue constructively to find a political solution. The common goal should be to avoid any retaliatory tariffs and therefore trade conflicts,” the manufacturer said.