Trade Dispute: Tariffs Impact Chinese Electric Car Imports
Planned tariffs on Chinese electric vehicles have resulted in a 42 percent reduction in imports, as leading economic institutes find the measure effective. Despite the tariffs, the overall cost of electric cars for buyers is not expected to significantly increase.
However, concerns arise within the industry regarding potential retaliatory actions. The EU is also contemplating imposing tariffs on Chinese electric cars to counter alleged state subsidies, leading to tensions and negotiations between the parties involved.
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Trade Dispute: 42 Percent Fewer Chinese Electric Cars Due to Tariffs - DER SPIEGEL
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