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The European Commission on Tuesday announced a draft plan to impose long-term import tariffs to counteract Chinese electric vehicles (EV) subsidies, following the imposition of provisional tariffs on July 4. The commission has sent its draft decision to affected companies, the Chinese government and the European Union’s member states. The commission said on Tuesday that it no longer intends to impose the tariffs retroactively. That means the EU will not collect the provisional tariffs imposed in July, a commission official said. The EU executive has also announced the planned long-term tariff …

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