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China Electric Cars To Face EU Tariffs
Posted
June 12, 2024
Views
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June 12, 2024
7,566
51
95
1.93%
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2:17Now PlayingThe European Union will slap additional tariffs of as much as 38.1% on electric vehicles shipped from China as of next month, escalating a global trade war and upping the cost of selling cars in Europe for companies ranging from China’s BYD to Tesla.
China has signaled it’s ready to retaliate, threatening measures across agriculture, aviation and cars with large engines. Beijing has already launched an investigation into some types of European liquor and an outcome could come soon.
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