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Chinese electric vehicles face an EU vote on Friday to raise tariffs by up to 45%

Chinese electric vehicles face an EU vote on Friday to raise tariffs by up to 45%

The European Union plans to vote Friday on whether to impose tariffs of up to 45 percent on imports. electric vehicles made in China, according to people familiar with the matter.

Member states have received a draft regulation containing the proposed measures, the sources said. The vote among the bloc’s member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution to avoid the new levies.

Negotiations between the two sides can continue even if member states adopt the tariffs, Bloomberg previously reported. The new date could still change, said the sources, who spoke on condition of anonymity.

The vote comes after an investigation by the European Commission, the EU’s executive body, found that China is unfairly subsidizing its electric vehicle industry and that tariffs are needed to ensure European manufacturers are not disadvantaged.

China denies any unfair activity on its part and has threatened retaliatory tariffs on European products such as dairy, brandy and pork, as well as on large-engined cars.