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Germany set to abstain in vote on EU tariffs for Chinese EVs, sources say

By Yahoo! Finance   |   Jul 12, 2024 at 12:13 PM EST
Germany set to abstain in vote on EU tariffs for Chinese EVs, sources say

Germany is expected to abstain from voting on imposing provisional tariffs on Chinese electric vehicles in the EU. This decision is due to ongoing negotiations and concerns about potential trade conflicts with China. The EU Commission has the power to impose duties, with a final vote to follow at the end of the investigation.

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