ECONOMY

EU considers additional tariffs on Chinese EVs

EU considers additional tariffs on Chinese EVs

EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation.

Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has been among the firmest backers.

But a majority of countries are still weighing the pros and cons of the escalating trade spat, according to an informal poll by Reuters of EU governments, as the Czech Republic, Greece, Ireland and Poland were still debating the issue, official and government sources said. {CRED}(Reuters){CRED}

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