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Chinese electric car makers hit with new European Union tariffs

Source: BBC

Just nowBy João da Silva, Business reporterGetty ImagesMG owner SAIC is one the car makers hardest hit by the new tariffsThe European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc's motor industry.The new tariffs on individual manufactures range from 17.4% to 37.6%, which is on top of a 10% duty that was already in place for all electric cars imported from…

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Read the original source at BBC