EU to impose tariffs on Chinese plug-in hybrids

The European Commission plans to impose countervailing duties on Chinese ​hybrid cars, reports Reuters, ‌citing inside sources who spoke to German newspaper Handelsblatt.

Three people involved in discussions told the newspaper that preparations had been ​made for the European Commission ⁠to impose tariffs as soon ​as a majority of EU member ​states give their approval.

Handelsblatt ⁠said the aim of the Commission is to impose ​additional countervailing duties on vehicles ​from ⁠Chinese manufacturers such as BYD, Chery and SAIC.