EU to take 'targeted' approach on any illegal China subsidies
Brussels, Belgium (AFP) May 21, 2024
The EU would impose "targeted" duties on Chinese electric cars if Beijing's state aid for the sector is proven to be illegal, bloc chief Ursula von der Leyen said Tuesday. Brussels last year angered China after launching an anti-subsidy investigation into Chinese electric cars with growing expectations the EU will slap on duties in response. The United States earlier this month sharply
The EU would impose "targeted" duties on Chinese electric cars if Beijing's state aid for the sector is proven to be illegal, bloc chief Ursula von der Leyen said Tuesday. Brussels last year angered China after launching an anti-subsidy investigation into Chinese electric cars with growing expectations the EU will slap on duties in response. The United States earlier this month sharply