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Cryptopolitan 2024-10-04 17:00:55

EU approves tariffs on China’s electric vehicle imports

The European Union has approved tariffs of up to 35.3% on all kinds of electric vehicles (EVs) imported from China. Reports say this decision follows a year-long investigation by the European Commission, targeting Chinese EV manufacturers for receiving unfair government subsidies. The subsidies apparently distort the market and give Chinese manufacturers an advantage over European

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