EU Votes to Impose Tariffs on Electric Cars Made in China

The European Union is imposing hefty customs duties on electric vehicles (EVs) made in China to address the significant unfair competitive advantage Chinese automakers have due to state subsidy schemes. The European Commission received support to adopt tariff proposals that will impose definitive tariffs of up to 36.6 percent on top of the current 10 percent for EVs shipped from China. The decision follows a year-long investigation revealing China’s extensive state subsidy network throughout the EV supply chain. China has denied the EU’s accusations and opposes the imposition of duties on Chinese EVs. The EU’s decision aligns with similar measures taken by the United States and Canada to address China’s unfair trade practices. The EU aims to prevent Chinese EVs from flooding the market by imposing extra duties to address the unfair competitive advantage gained through state subsidy schemes. Analysts doubt that these tariffs will fully protect EU automakers from competition by cheaper Chinese vehicles. Can you please rewrite this passage?

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