Reported 10 days ago
The European Union plans to hold a vote on October 4 regarding potential tariffs of up to 45% on electric vehicles imported from China. The decision follows a European Commission investigation that indicated China unfairly subsidizes its EV industry. Despite concerns from member states like Germany and Spain about the possibility of a trade war, European officials believe they have enough support to implement the tariffs unless a significant opposition arises.
Source: YAHOO