Reported 8 months ago
Chinese automakers are asking Beijing to impose higher tariffs on European gasoline-powered cars in response to the EU's restrictions on Chinese electric vehicle exports. This retaliation is part of the escalating trade tensions between China and the West, with the European Commission announcing anti-subsidy duties on Chinese EVs. Chinese authorities are considering various retaliatory measures, including increasing tariffs on imported European cars, as reported by state media.
Source: YAHOO