European Union votes to impose double-digit tariffs on Chinese EVs

by · UPI

Oct. 4 (UPI) -- European Union member countries agreed Friday to proceed with the imposition of tarrifs on Chinese electric vehicles exactly one year after launching a probe into whether Beijing was subsidizing its domestic producers and the impact on EV-makers in the EU.

The European Commission said in a news release that sufficient countries that make up the bloc had backed its proposal to adopt "countervailing duties on imports of battery electric vehicles from China," saying it brought the conclusion of its anti-subsidy investigation a step closer --- but held out the possibility of a way out of a potential trade war.

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