Tariffs, trade and the climate crisis
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Following a divided vote by its member states in October, the EU can now impose extra tariffs of up to 35.3% on electric vehicles – EVs – imported from China for the next five years. The vote follows moves by the US Biden administration earlier in 2024 to raise tariffs on Chinese computer chips, EVs, clean energy technologies and metals imported from China – part of an ongoing series of measures from the countries in recent years in the US-China trade war.
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