Business
2024.06.14 14:09 GMT+8

New EV tariffs could result in lose-lose situation for Europe and China

Updated 2024.06.14 14:09 GMT+8
CGTN

The European Commission announced on Wednesday its intention to hit Chinese electric car imports with additional tariffs of up to 38.1 percent from next month onwards following a so-called anti-subsidy probe. As CGTN anchor Guan Xin explains, the move will not only harm Sino-European economic cooperation and stability of the global automotive supply chain, but also ultimately damage Europe's own interests. 

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