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Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliationBusiness live – latest updatesThe EU’s top trade official, Valdis Dombrovskis, has brushed aside concerns of trade-war retaliation from Beijing against European business, after the European Commission imposed duties on Chinese electric vehicles.Dombrovskis, a European Commission vice-president, told Bloomberg Television that talks with China were ongoing, adding: “We are not seeing the basis for retaliation as what we are conducting is indeed in line with WTO [World Trade Organization] rules.” Continue reading…
Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliation
Business live – latest updates
The EU’s top trade official, Valdis Dombrovskis, has brushed aside concerns of trade-war retaliation from Beijing against European business, after the European Commission imposed duties on Chinese electric vehicles.
Dombrovskis, a European Commission vice-president, told Bloomberg Television that talks with China were ongoing, adding: “We are not seeing the basis for retaliation as what we are conducting is indeed in line with WTO [World Trade Organization] rules.”
