-
Basil Tuma Scores First Senior Goal as Malta Draws with Ten-Man Eswatini
-
RSC’s ‘Julius Caesar’ Reimagined in Women’s Prison Setting for School Tour
-
Rock & Roll Hall of Fame Inductees Announced; Attendance List Shrinks
-
Thomson Reuters Integrates CUBE Regulatory Intelligence into CoCounsel Legal
-
How Families Plan and Save for Holiday Travel
-
Below Deck alumnus João Franco and brother arrested after fatal Turkey fight
-
Ole Miss inquiry expands after video and monkey-noise allegations
-
Thousands of Urban Homes Left Without High-Speed Internet Due to Broadband Blackspots
-
General Hospital actor Randall England dies at 75
-
Bunnie XO artwork taken down from Jelly Roll’s Nashville bar
-
London museum removes Russell Brand hair exhibit after rape conviction
-
Arlington sentinel rebukes Pete Hegseth entourage for laughter near memorial
-
Yella Beezy sentenced to life for arranging rapper Mo3’s murder
-
Kylie Jenner employee describes closet ordeal and pepper-spray incident
-
Authorities to identify Montauk Mary and five other Long Island cold-case victims
-
Davante Adams injury deepens Los Angeles Rams receiver shortage
-
Barbie sequel negotiations stall over reported $25 million pay packages
-
João Franco’s earlier post draws attention after arrest over fatal Turkey brawl
-
Bath & Body Works launches buy-one-get-one-free candle offer
-
Alberta Launches $5M Fund for Women’s Neurology Research to Address Gender Gaps
-
Itlu Arjuna receives U/A certificate ahead of theatrical release
-
Dhananjaya de Silva guides Sri Lanka to 221-4 against Pakistan
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Madlanga Commission Deadline Extended to 2027 Amid Calls for Structural Justice Reform
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
China's Singles' Day Exposes Persistent Consumer Caution
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
Energy Costs Push OECD Inflation Up to 4.5%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
EU adopts extra tariffs of up to 35.3% on Chinese EVs
The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing's support to local manufacturers was unfair.
The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China's ire and setting off a bitter trade war.
Beijing slammed the European Union's "unfair, non-compliant and unreasonable protectionist practices" during the probe.
The duties will come on top of the current 10 percent on imports of electric vehicles from China, according to a text published online by the European Commission, which runs the EU's trade policy.
The decision will become law after publication in the EU's official journal on Wednesday and the additional tariffs will then enter into force from Thursday.
Brussels' probe found that China's state subsidies were unfairly undercutting European automakers.
Once they come into effect, the tariffs will be definitive and last for five years.
The extra duties also apply, at various rates, to vehicles made in China by foreign groups such as Tesla -- which faces a tariff of 7.8 percent.
Chinese car giant Geely -- one of the country's largest sellers of EVs -- faces an extra duty of 18.8 percent.
- Ailing companies -
The tariffs do not have the support of the majority of the EU's 27 member states but in a vote early this month, the opposition was not enough to block them - which would have required at least 15 states representing 65 percent of the bloc's population.
The EU launched the probe in a bid to protect its automobile industry, a major industrial player that provides jobs to around 14 million people.
But Europe's bigger carmakers, including German auto titan Volkswagen, have criticised the EU's approach and have urged Brussels to resolve the issue through talks.
Volkswagen, which has been hit hard by rising competition in China, said the tariffs would not improve the competitiveness of the European automotive industry,
That warning came weeks before the ailing giant announced plans on Monday to close at least three factories in Germany and cull tens of thousands of jobs.
Talks continue between the two sides and the duties can be lifted if they reach a satisfactory agreement, but Chinese and European officials have pointed to gaps and differences.
- Retaliatory moves -
The EU now faces China's fury and possible retaliation. China on October 8 said it would impose provisional tariffs on brandy imported from the EU.
Beijing has also launched probes into EU subsidies of some dairy and pork products imported into China.
Trade tensions between China and the EU are not limited to electric cars, with Brussels also investigating Chinese subsidies for solar panels and wind turbines.
The EU is not alone in levying heavy tariffs on Chinese electric cars.
Canada and the United States have in recent months imposed much higher tariffs of 100 percent on Chinese electric car imports.
H.E.Young--AMWN