Europe braces for Chinese retaliation over EV import tariffs
London — The European Union is bracing for retaliation from China after the bloc voted last week to impose tariffs on the import of Chinese electric vehicles, or EVs, amid speculation that Beijing could seek to target individual European countries that voted for the measures.
The EU is divided on the issue, with 10 member states in favor in Friday’s vote, five countries voting against the measures and 12 abstaining.
After the vote, China's Commerce Ministry said it opposed the planned tariffs, calling them "unfair, non-compliant and unreasonable."
Cognac
France is among the countries that pushed for the EU to adopt the tariffs. Makers of French cognac, a type of brandy, fear that Beijing will now seek to target their product, after China launched an anti-dumping probe earlier t...
