BRUSSELS - The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing.
The rates are almost exactly the same as those announced by the Commission on June 12. The executive made slight adjustments after companies identified minor calculation errors in the initial disclosure.Beijing said then it would take "all necessary measures" to safeguard China's interests.The EU anti-subsidy investigation has nearly four more months to run.
"There is still a four-month window before arbitration, and we hope that the European and Chinese sides will move in the same direction, show sincerity, and push forward with the consultation process as soon as possible," He Yadong, a ministry spokesperson, said. European policymakers are keen to avoid a repeat of what happened with solar panels a decade ago, when the EU took only limited action to curb Chinese imports and many European manufacturers collapsed. The EU launched its anti-subsidy investigation into Chinese EVs last October.
It meant “we didn’t get to the see the real Donald Trump,” said “Apprentice in Wonderland” writer Ramin Setoodeh.WASHINGTON — A leading House Democrat is preparing a constitutional amendment in response to the Supreme Court's landmark immunity ruling, seeking to reverse the decision “and ensure that no president is above the law.”Former President Donald Trump on Tuesday misrepresented in a social media post what the U.S.
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