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European Union votes to impose tariffs on Chinese electric vehicles

  • The European Union will impose hefty tariffs on China-made electric vehicles, despite Germany's rejection, marking its biggest trade dispute with Beijing in ten years.
  • The EU executive confirmed it has the necessary support to adopt the tariffs but will continue discussions with Beijing for alternative solutions.
  • The European Commission aims to counter perceived unfair Chinese subsidies following a yearlong anti-subsidy investigation and noted a potential compromise on minimum sales prices.
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Electric VehiclesElectric Vehicles
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