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EU Implements Extra Tariffs on Chinese EV Imports, Raising Tensions

The EU has introduced additional tariffs on Chinese electric vehicle (EV) imports, aiming to address what it considers unfair subsidies that provide Chinese manufacturers a market advantage.

This move, lasting for five years, raises potential price increases for EVs and concerns among both consumers and German car manufacturers, who view it as a risk to their international competitiveness.

Beijing has condemned the tariffs as protectionist and may retaliate, further intensifying trade tensions between the EU and China.

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