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European Union votes to impose tariffs on Chinese electric vehicles

  • The European Union voted to impose tariffs on Chinese electric vehicles, allowing for their implementation by the end of October.
  • Ten EU countries supported the duties, while five opposed and 12 abstained.
  • The European Commission claims the tariffs are necessary to protect European carmakers from unfair competition due to Chinese subsidies.
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  • 37% of the sources are Center, 37% of the sources lean Right
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Asia Financial broke the news in on Thursday, October 3, 2024.
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