EU Implements Steep Tariffs on Chinese Electric Car Imports
Wednesday, 12 June 2024, 04:00
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EU Imposes Multibillion-Euro Tariffs on Chinese Electric Cars
The European Union has taken a firm stance by announcing the imposition of multibillion-euro tariffs on Chinese electric cars. The new duties could reach up to 25%, sparking tensions in the global trade market.
Opposition from Germany
Despite opposition from Germany, Brussels has decided to move forward with these steep tariffs. This decision reflects the EU's commitment to reshaping trade relations in the electric vehicle sector.
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