EU imposes tax on Chinese electric cars

EU imposes tariffs on electric cars imported from China

The move comes after negotiations between the two sides failed to resolve trade bottlenecks.

The European Commission (EC) said the tariffs were necessary to protect the bloc's electric vehicle industry from unfair competition from cheap Chinese electric vehicles. China's Ministry of Commerce yesterday protested the decision and will take the case to the World Trade Organization (WTO). However, China hopes that both sides will find a mutually beneficial solution to avoid escalating trade tensions.

Source: https://thanhnien.vn/eu-ap-thue-xe-dien-trung-quoc-185241030220600575.htm