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EU tariffs on EV imports from China create lose-lose situation

02:58

China has voiced strong opposition to the EU's decision to impose anti-subsidy tariffs on Chinese electric vehicles. Meanwhile, EU member states and European automakers have raised concerns about the potential disruption this could cause to the European EV market. Experts warn this move could not only stifle the growth of Europe's electric vehicle industry, but also undermine China's confidence in accessing the European market.

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