EU Tests Mettle to Take On China With New EV Tariff Fight
- The bloc voted to impose tariffs of up to 45% on China EVs
- China has threatened duties on Europe’s car and dairy sectors
Electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, China.
Photographer: BloombergThis article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.