The EU is expected to notify China that it will impose tariffs on electric vehicle imports this week, firing the starting gun on a potential summer trade war with Beijing.
Chinese manufacturers are already bracing themselves for new import duties, but experts anticipate that Beijing will retaliate with countermeasures that could hit a range of EU exports to the country, ranging from cognac to dairy products.
Experts suggest Beijing will see the imposition of tariffs as a test of strength, given that the electric car sector is fuelling China's success in exports.
Should the EU investigation conclude on Wednesday, as expected, that Chinese car manufacturers have won a competitive advantage, Beijing will receive a formal pre-notification of tariffs and will have four weeks to provide any.
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