EU's tariff policy on Chinese EVs is misstep: Bloomberg

WASHINGTON, Oct. 12 (Xinhua) -- The EU's decision to impose tariffs of up to 45 percent on Chinese electric vehicles (EVs) is "a misstep that one must hope will give way to mutually beneficial negotiation, not launch a trade war that leaves both sides worse off," said a Bloomberg opinion piece on Friday.

The EU's EV policy could backfire, undermining its own decarbonization targets, reducing competitive pressure