Italy Endorses EU Decision On Import Tariffs For Chinese Evs

9/20/2024 2:13:25 PM

(MENAFN- Investor Brand Network) Italy has revealed that it
supports
the European Union's (EU) decision to
impose import tariffs
on electric cars manufactured in China. The European Commission levied import tariffs of up to 38% on Chinese electric vehicles after a
probe
by the commission found that China's decade-long EV subsidy program gave Chinese automakers an unfair advantage over western carmakers.

With the U.S. auto market virtually...

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