EU countries prepare to approve tariffs on Chinese electric vehicles

ft.com October 4, 2024, 10:00 AM UTC

EU countries are expected to approve new tariffs on Chinese electric vehicles, adding up to 35.3% on top of the existing 10%. This decision aims to support EU manufacturers struggling against cheaper Chinese imports. Germany opposes the tariffs, fearing negative impacts on its own car exports to China. However, it is unlikely to gather enough votes to block the proposal, as Italy and France support the tariffs, and Spain is expected to abstain. Meanwhile, European nations are increasing efforts to evacuate citizens from Lebanon amid escalating violence. Belgium, Spain, Germany, Cyprus, and the Netherlands have initiated repatriation flights as the situation in the region worsens.


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