Electric cars: EU hits China with tariffs in battle for sales - BBC News
The vote risks sparking a trade war as the EU looks to protect its own car makers.
cross-posted from: https://lazysoci.al/post/18120065
The below Information is from this article:
https://www.euronews.com/my-europe/2024/10/04/brussels-breaks-impasse-after-eu-countries-fail-to-agree-on-chinese-ev-tariffs
The import tax depend on subsidies to the brand and their level of cooperation with the Commission's investigation:
Other EV producers in China that cooperated in the investigation but have not been individually sampled: 20.7%-
This tax will come on top of the existing 10% rate.
The duties will likely enter into force on 31 October and last for at least five years.
