EU plans tariffs on Chinese electric vehicles raise concerns for climate goals

The European Commission plans to impose tariffs of up to 45% on Chinese-made electric vehicles (EVs), despite opposition from Germany. This decision marks a significant trade dispute with China, raising concerns about its impact on climate goals and cooperation. The tariffs, set to begin next month, aim to address perceived unfair Chinese subsidies. The EU will continue negotiations with China, but the move has sparked strong opposition from Beijing, which has initiated its own investigations into EU imports. The vote showed divisions within the EU, with some countries supporting the tariffs to protect local industries, while others fear retaliation and a trade war. Shares in European carmakers rose, but concerns remain about potential impacts on trade relations.