EU raises tariffs on Chinese electric vehicles, drawing rebuke from Beijing

EU raises tariffs on Chinese electric vehicles, drawing rebuke from Beijing

The European Union has decided to drastically increase tariffs on Chinese-made electric cars, sparking an angry reaction from Beijing. Tariffs of up to 45.3% will take effect on Wednesday after an investigation concluded that Beijing was undermining European automakers with unfair state subsidies. China’s Ministry of Commerce said Wednesday it does not agree or accept … Read more