Wednesday, December 25, 2024

Italy Backed EU Tariffs for China Electric Vehicles – News18

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Italy has voted in favour of a European Union move to impose provisional tariffs on Chinese electric vehicles, a government source said on Monday.

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The European Union is imposing provisional tariffs of up to 37.6% on EVs imported from China, ratcheting up tensions with Beijing in the EU’s largest trade case yet.

This first vote is not binding. It will be followed by a final vote after which the European Commission’s tariff proposal will be adopted unless there is qualified majority against it.

The European Union is imposing provisional tariffs of up to 37.6% on EVs imported from China, ratcheting up tensions with Beijing in the EU’s largest trade case yet.

This first vote is not binding. It will be followed by a final vote after which the European Commission’s tariff proposal will be adopted unless there is qualified majority against it.

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  • (This story has not been edited by News18 staff and is published from a syndicated news agency feed – Reuters)

    Mohammad Haris

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issue

    first published: July 15, 2024, 16:04 IST

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