EU threatens to slap higher tariffs on Chinese electric cars

World News
2024-06-12 | 05:11
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EU threatens to slap higher tariffs on Chinese electric cars
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EU threatens to slap higher tariffs on Chinese electric cars

The European Union warned Wednesday it would hit Chinese electric cars with higher import taxes from next month after an anti-subsidy probe unless the issue can be resolved through dialogue.

The European Commission said it provisionally concluded there was "unfair subsidization", adding: "Should discussions with Chinese authorities not lead to an effective solution, these provisional countervailing duties would be introduced from 4 July."

AFP

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