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International Business Times
International Business Times
Business
Raziye Akkoc

EU Adopts Extra Tariffs Of Up To 35.3% On Chinese EVs

European Union China Beijing Brussels Volkswagen
Extra duties on imports of electric vehicles from China are due to enter into force on Thursday (Credit: AFP)

The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing's support to local manufacturers was unfair.

The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China's ire and setting off a bitter trade war.

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