this post was submitted on 05 Aug 2024
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Tariffs could come into force in November after a vote in late October.

EU capitals are prepared to back the introduction of tariffs on Chinese electric vehicles, Valdis Dombrovskis, the European commissioner for trade, told the Financial Times.

Although the move sparked anger in Beijing, supporters of the levy claim it is essential to protect EU manufacturers against unfair competition.

A probe launched last year by the European Commission determined that Chinese subsidies were allowing firms to keep their prices artificially low.

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[–] Badeendje@lemmy.world 6 points 3 months ago (1 children)

This is not why and you know it.

[–] BassTurd@lemmy.world -3 points 3 months ago

It's not why, but I don't know that they know it.