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EU moves to slap retroactive tariffs on electric vehicles from China
Vehicles imported before the probe is concluded could be slapped with anti-subsidy duties.
The move, which was signalled in a document bearing the stamp of European Commission President Ursula von der Leyen published on Tuesday night, means vehicles imported before the probe has concluded could be slapped with anti-subsidy duties. On Tuesday, EU negotiators reached a provisional agreement on a law to ban goods made using forced labour, which was written with the western Chinese region of Xinjiang in mind, although to keep it compliant with World Trade Organization rules, China is not mentioned in the text. During a series of meetings in the Belgian capital this week, Beijing’s envoy to Eurasia, Li Hui, asked EU officials to stop sanctioning Chinese companies because they might be needed for Ukraine’s post-war reconstruction.
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