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EU to impose tariffs of up to 38% on Chinese electric vehicles

  • The European Union plans to impose tariffs on Chinese-made electric vehicles starting next month amid a growing trade conflict involving Europe, the US, and China.
  • Discussions with Chinese authorities are intended to prevent the tariffs from taking effect by July 4, although they will proceed if no resolution is reached.
  • Additional tariffs ranging from 17.4% to 38.1% will be added on top of the existing 10% EU tariff, as outlined by the European Commission.
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  • 38% of the sources lean Left
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