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All other companies producing in China that had cooperated with the commission's probe but were not sampled, including Renault, would face an average duty of 21 percent, while Tesla could face an individually calculated duty rate. Green links. That takes the highest overall rate to nearly 50 percent. Want to find the answers on your own? Copyright -. This is because production within the EU is significantly more expensive than in China due to higher energy and material prices, and labor costs are much higher. All rights reserved. Email Hosting Look professional with email hosting. You can select a maximum of TLDs. China, in response to the European Union's decision to impose additional tariffs on Chinese-made battery electric vehicles, will take all necessary actions to safeguard the legitimate rights of Chinese companies, the Ministry of Commerce said on Thursday, which has led analysts to say retaliatory measures are possible. Named the 1 domain registrar by USA Today. We Stand Behind You.
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