EU considers imposing tariffs on Chinese electric vehicles due to evidence of illegal government support.
The European Union is close to imposing tariffs on Chinese electric vehicles entering the bloc, as evidence of illegal financial support for the industry from the Chinese government is found. The EU launched an inquiry in October and, if sufficient evidence is proven, provisional tariffs will be introduced by July, with definitive duties by November. The investigation is part of a broader EU effort to protect supply lines and bring production closer to home, particularly in key sectors.
March 06, 2024
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