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Al Jazeera
Al Jazeera
Business

EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing

Chinese carmaker BYD's Atto 3 electric SUV [Nick Carey/Reuters] (Reuters)

The European Union has decided to sharply raise tariffs on Chinese-made electric cars, prompting an angry response from Beijing.

The tariffs of up to 45.3 percent will take effect on Wednesday after an inquiry concluded that Beijing was undercutting European carmakers with unfair state subsidies.

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