The European Commission has revised its proposed punitive duties on imports of Chinese-made EVs, significantly lowering Tesla's proposed extra tariff from 20.8% to 9%, following further investigations.
In its investigations, the Commission noted that Tesla received fewer subsidies from the Chinese government than those received by other Chinese EV makers, justifying the lower tariffs.
The initial talks of higher tariffs on Chinese EVs have led to retaliatory threats from Beijing, as China's commerce ministry expressed strong opposition to the EU's findings.
The EU aims to level the playing field against what it considers unfair subsidies benefiting Chinese EV production, indicating ongoing tension in international trade relations.
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