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Июль
2024

EU Split on Chinese EV Tariffs

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The European Union member states are split on the provisional EU tariffs on imports of Chinese electric vehicles, as many governments seek to avoid a trade war with China and protect the profits of their biggest auto manufacturers.   In a non-binding vote on Tuesday, a dozen EU member states voted in favor of the tariffs – which took effect in a provisional form earlier this month – but four voted against the levies and 11 EU governments abstained, a source familiar with the vote told Reuters. While the vote wasn’t binding,…