BRUSSELS — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers.
“Should discussions with Chinese authorities not lead to an effective solution,” the new rates would take effect on a provisional basis by July 4, the commission said in a press release. But EU officials complain that Chinese automakers like BYD and SAIC are increasing market share and undercutting European car brands on price thanks to Beijing's massive subsidies.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spatBRUSSELS (AP) — The European Union threatened Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers.
ذریعہ: SooToday - 🏆 8. / 85 مزید پڑھ »
The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spatBRUSSELS (AP) — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the ...
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »
European nations compete for Chinese EV factories, jobs even as EU weighs tariffsEuropean governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the...
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