EU set to disclose tariff rates for Chinese EVs

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BRUSSELS — The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles (EVs) due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.

BRUSSELS — The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.

Beijing has already launched an anti-dumping investigation into mostly French-made imports of brandy. It also passed a law in April to strengthen its ability to hit back should the United States or EU impose tariffs on exports of the world's No. 2 economy.The EU's pre-disclosure notice comes a few weeks before the July 4 deadline for imposing provisional measures. They could though apply retroactively for the prior 90 days.

 

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