Tension between China and EU over EV tariff escalating

Uniunea Europeana

BEIJING Beijing said on Tuesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars. The extra taxes of up to 35 percent were announced on Oct. 29 after an EU probe found Chinese state subsidies were undercutting European automakers, but the move has faced opposition from Germany, which fears provoking Beijing's ire and setting off a bitter trade war. China slammed Brussels's decision, saying it did

Tension between China and EU over EV tariff escalating https://www.hurriyetdailynews.com/ - 30.10.2024 12:14

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Tension between China and EU over EV tariff escalating https://www.hurriyetdailynews.com/ - 30.10.2024 12:14