- cross-posted to:
- europe
- cross-posted to:
- europe
Tariffs could come into force in November after a vote in late October.
EU capitals are prepared to back the introduction of tariffs on Chinese electric vehicles, Valdis Dombrovskis, the European commissioner for trade, told the Financial Times.
…
Although the move sparked anger in Beijing, supporters of the levy claim it is essential to protect EU manufacturers against unfair competition.
A probe launched last year by the European Commission determined that Chinese subsidies were allowing firms to keep their prices artificially low.
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https://www.euronews.com/business/2024/08/05/eu-states-set-to-back-tariffs-on-chinese-evs-says-trade-chief
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