Higher tariffs on Chinese EV imports to come into force despite carmakers’ fears of retaliation
The EU’s top trade official, Valdis Dombrovskis, has brushed aside concerns of trade-war retaliation from Beijing against European business, after the European Commission imposed duties on Chinese electric vehicles.
Dombrovskis, a European Commission vice-president, told Bloomberg Television that talks with China were ongoing, adding: “We are not seeing the basis for retaliation as what we are conducting is indeed in line with WTO [World Trade Organization] rules.”
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