Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

FILE - Chinese EV manufacturer BYD unveils its electric car Seal at the Paris Car Show on Oct. 17, 2022, in Paris. The Chinese government has said it will take"all measures necessary to protect our legitimate rights and interests" in response to the tariffs on Chinese-made electric vehicles but it hasn't specified what those might be.

The Chinese government has said it will take "all measures necessary to protect our legitimate rights and interests” in response to the tariffs on electric vehicles but it hasn't specified what those might be.in January, a warning shot aimed at French cognac. France was a supporter of the European Union investigation that resulted in Wednesday's EV tariff announcement.

Volkswagen expressed concern that the EU tariffs on Chinese electric vehicles could result in an escalation of trade conflicts and said the European Union is promoting an ongoing trend toward protectionism, nationalism and isolationism. China could also impose retaliatory tariffs on French and Italian luxury goods, cosmetics, wine, chocolate or furniture, wrote Gabriel Wildau, a China analyst at the Teneo consultancy, in an analysis ahead of the announcement.

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Europe's Stellantis and China's Leapmotor will sell electric cars in Europe from SeptemberEuropean carmaker Stellantis says it will begin selling electric vehicles from its Chinese partner Leapmotor in nine European countries later this year.
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