China vows ‘all necessary measures’ over EU move to impose additional tariffs on Chinese electric vehicles


Source: irishtimes.com irishtimes.com

Key Topics in this News Article:

News Snapshot:

The extra EU tariffs, which come on top of a standard 10% levy on all Chinese EVs, would come in at 17.4% for market leader BYD. Photograph: STR/AFP via Getty Images The European Commission’s decision to impose additional provisional tariffs of up to 38 per cent on Chinese electric vehicles (EV) on Wednesday drew a predictably sharp response from Beijing. The ministry of commerce accused Brussels of weaponising and politicising trade issues, and vowed to take “all necessary measures” to protect its companies. “This move by the European side not only harms the legitimate rights and interests of China’s EV...