Publication date: June 12, 2024
EU Implements Tariffs on Chinese EVs Amid Escalating Trade War

EU Implements Tariffs on Chinese EVs Amid Escalating Trade War

The EU takes a firm stance by imposing import tariffs on Chinese auto companies, including BYD and Geely, to counter alleged anticompetitive activity, setting the stage for intensified trade tensions.

Trade

The European Commission has enforced import tariffs, reaching up to 38.1%, on key Chinese automakers like BYD, Geely, and SAIC following an investigation into anticompetitive subsid… [+4571 chars]