EU slaps extra tariffs of up to 35.3% on Chinese EVs

Uniunea Europeana

BRUSSELS: The EU on Tuesday (Oct 28) decided to impose hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing's support undercut European automakers. The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China's ire and setting off a bitter trade war. Beijing previously slammed the European Union's "unfair" and "unreasonable protectionist practices" during the probe. "By adopting these proportionate

EU slaps extra tariffs of up to 35.3% on Chinese EVs https://www.channelnewsasia.com - 30.10.2024 03:59

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EU slaps extra tariffs of up to 35.3% on Chinese EVs https://www.channelnewsasia.com - 30.10.2024 03:59