Europe Prepares Tariffs in Response to Influx of Economical Chinese Electric Vehicles
3 months ago
In what is fast ballooning into a trade war that may alter the face of the automobile market, European officials are preparing to slap levies on the ever-increasing tide of cheap electric cars imported from China. It's a strategic move to protect the European EV industry from what they regard as unfair competition, with pricing for their Chinese counterparts very low.
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