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2024-06-14 02:56:04

China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: EU Joins US in Imposing Tariffs on Chinese Electric Vehicles in Escalating Trade War ...

EU Joins US in Imposing Tariffs on Chinese Electric Vehicles in Escalating Trade War
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#ac1676e0 ver:0.61

The EU joins the US in imposing tariffs on Chinese electric vehicles, escalating the trade war. The EU's tariffs, reaching up to 48%, reflect concerns over Chinese competition and a desire to protect its own EV industry. However, doubts remain about the effectiveness of the tariffs as Chinese EVs have been gaining market share in the EU due to lower prices. The EU's approach differs from the US, reflecting its economic ties to China and belief in trade based on international rules. #TradeWar #EVs #EU #China...

#newstr #Eu #Us #China #ElectricVehicles #TradeWar

https://here.news/story/ac1676e0?ver=0.61
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