‘Will Take Necessary Measures’: China Slams European Union Over EV Tariffs Of Up To 35.3%

The European Union has decided to impose hefty tariffs on Chinese-made electric cars after finding that China’s state subsidies were unfairly undercutting European automakers. This decision has sparked anger from Beijing, who has filed a complaint with the World Trade Organization. The EU trade chief justified the tariffs as a way to maintain fair market practices and protect the European industrial base. While Germany and Hungary have opposed the tariffs, the EU believes they are necessary to address the issue of unfair competition. The tariffs will be in effect for five years and will also apply to vehicles made in China by foreign companies. Talks between the EU and China are ongoing, but tensions remain high, with China retaliating with tariffs on European products.