European Union aims to crack down on cheap Chinese EVs with steep tariffs

In a move sure to rile up Beijing, the European Commission has announced that it will impose provisional anti-subsidy duties ranging from 17 percent to 38 percent on Chinese electric cars starting next month. The new tariffs will be added on top of the existing 10 percent duty. This means...Read Entire Article

Jun 13, 2024 - 22:30
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European Union aims to crack down on cheap Chinese EVs with steep tariffs

In a move sure to rile up Beijing, the European Commission has announced that it will impose provisional anti-subsidy duties ranging from 17 percent to 38 percent on Chinese electric cars starting next month. The new tariffs will be added on top of the existing 10 percent duty. This means...

Read Entire Article