The European Union voted on Friday to pave the way for tariffs of up to 35.3% on electric vehicles imported from China, a move that might set the stage for a protracted trade war with the Asian giant. The vote comes after a year-long anti-subsidy investigation by the European Commission, which proposed the tariffs to counter what it sees as unfair Chinese subsidies.
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Author: DW News
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News post in October 4, 2024, 9:04 pm.
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