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International Business Times
International Business Times
Business
Raziye Akkoc

EU Slaps Chinese Electric Cars With Tariffs Of Up To 38%

Brussels launched an investigation last year into Chinese manufacturers to probe whether state subsidies unfairly undercut European automakers (Credit: AFP)

The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war.

Brussels launched an investigation last year into Chinese electric vehicle manufacturers to probe whether state subsidies were unfairly undercutting European automakers.

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