Tesla faces lower-rate EU tariffs on China-made EVs
Brussels, Belgium (AFP) Aug 20, 2024
The European Commission announced plans Tuesday to impose an extra nine-percent tariff on Tesla's China-made electric cars, much lower than what Chinese firms face unless Beijing compromises in a trade row. Brussels last month slapped EVs imported from China with hefty provisional tariffs - on top of current duties of 10 percent - after an anti-subsidy probe found they were unfairly underm
The European Commission announced plans Tuesday to impose an extra nine-percent tariff on Tesla's China-made electric cars, much lower than what Chinese firms face unless Beijing compromises in a trade row. Brussels last month slapped EVs imported from China with hefty provisional tariffs - on top of current duties of 10 percent - after an anti-subsidy probe found they were unfairly underm