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2024

Economic Watch: EU tariffs on Chinese EVs harm global supply chain, trade relations: experts

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BEIJING/BERLIN, June 14 (Xinhua) -- Chinese and foreign experts caution that the EU's new tariffs on Chinese electric vehicles (EVs) may backfire as they have the potential to destabilize the global supply chain and trigger trade frictions with far-reaching negative impacts.

European consumers, already hit by a steep rise in energy costs, may face additional unwanted inflation as a result of the new tariffs, sai