EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles

geneva_convenience@lemmy.ml to Technology@lemmy.ml – 152 points –
EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles
bloomberg.com
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@yogthos @geneva_convenience These tariff rates are calculated on a per manufacturer basis based on the subsidiaries that these manufacturers receive from their country. So it just restores the competition.

Chinese brands aren't receiving 45% subsidies last I checked. However, this would be a dumb way to try and restore competition since it just punishes consumers in Europe.

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