EU increases tariffs on Chinese EVs – China, UK, Germany express disapproval
2024-10-31 08:13:29 source:CGTN
October 30, 2024
The European Union has decided to increase tariffs on Chinese-built electric vehicles (EVs) to as much as 45.3 percent at the end of its highest profile trade investigation that has divided Europe and prompted retaliation from Beijing.
Just over a year after launching its anti-subsidy probe, the European Commission will set out extra tariffs ranging from 7.8 percent for Tesla to 35.3 percent for China's SAIC, on top of the EU's standard 10 percent car import duty.
The extra tariffs were formally approved and published in the EU's Official Journal on Tuesday, meaning they will take effect on Wednesday.
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https://news.cgtn.com/news/2024-10-30/China-UK-Germany-express-disapproval-over-EU-tariffs-on-Chinese-EVs--1y7ojaS4jSw/p.html