EU Imposes 45% Tariffs On Chinese EVs, Risking Costly Retaliation From Beijing

The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles (EVs) imported from China, a move set to exacerbate trade tensions between the EU and Beijing. The decision comes after an EU investigation concluded that China unfairly subsidized its EV industry, allowing Chinese automakers to flood the European [...]The post EU Imposes 45% Tariffs On Chinese EVs, Risking Costly Retaliation From Beijing appeared first on Tekedia.

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