EU to hit Teslas imported from China with 19% tariffs

News Snapshot:

A Tesla showroom in Beijing. The EU plans to hit Tesla cars imported into the EU from China with tariffs of 19 per cent, a lower rate than those for Chinese electric-vehicle makers. The European Union (EU) plans to hit Tesla cars imported into the EU from China with tariffs of 19 per cent, a lower rate than those for Chinese electric-vehicle makers. The European Commission said on Tuesday that Teslas manufactured in China could be subject to an additional levy of 9 per cent on top of existing duties of 10 per cent applied to all foreign-made cars. The...