EU hikes tariffs on Chinese EVs to over 45%, risks Beijing backlash

EU hikes tariffs on Chinese EVs to over 45%, risks Beijing backlash

FILE PHOTO: New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.

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