The European Union has imposed extra duties of up to 37.6 percent on imports of electric vehicles (EVs) made in China, the bloc announced, despite Beijing’s warnings the move would unleash a trade war.
The European Commission said on Thursday that the tariffs were put in place because of “unfair” state subsidies and will kick off on Friday.
There is, however, a four-month window during which the tariffs are only provisional and talks are expected to continue between the two sides.
The Commission, the EU’s executive, launched an investigation last year into Chinese EV manufacturers on whether state subsidies were unfairly undercutting European carmakers.
Al Jazeera’s Katrina Yu reports from Beijing.
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The European Commission said on Thursday that the tariffs were put in place because of “unfair” state subsidies and will kick off on Friday.
There is, however, a four-month window during which the tariffs are only provisional and talks are expected to continue between the two sides.
The Commission, the EU’s executive, launched an investigation last year into Chinese EV manufacturers on whether state subsidies were unfairly undercutting European carmakers.
Al Jazeera’s Katrina Yu reports from Beijing.
Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile
#EUTariffs #ElectricVehicles #ChinaTrade #EuropeanUnion #ChinaEUties #TradeWar #EVIndustry #ChinaEconomy #EUChinaRelations
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