LONDON/BRUSSELS -- The European Commission announced on Wednesday import tariffs of up to 38% on Chinese electric vehicles, after its investigation found that producers in China benefited from "unfair subsidies" throughout their supply chains -- from lithium refining to the transportation of the final products.
Trade war
EU slaps additional duties of up to 38% on Chinese EVs
Beijing threatens retaliation as negotiations begin to avoid application of new tariffs
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A BYD container ship at the German port of Bremerhaven. The European Commission is poised to slap import tariffs on Chinese EVs. © AFP/Jiji
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