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Electric vehicle tariff concessions may just be a lull before wider EU-China trade war kicks off
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The European Commission had initially slapped extra import duties ranging from 17.4 per cent to 38.1 per cent on various brands of Chinese EV exporters.
PHOTO: AFP
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LONDON – The European Union has revised downwards its proposed tariffs on electric vehicles imported from China in a symbolic gesture designed to signal to the Chinese authorities that the bloc is keen to avoid a more comprehensive trade confrontation with Beijing.
The European Commission – the EU’s executive – had initially slapped extra import duties ranging from 17.4 per cent to 38.1 per cent
