Greece sits out vote about extra tariffs on Chinese EV

Greece has reportedly abstained from a vote in the European Union on Friday about blocking the European Commission's plans to impose higher tariffs on Chinese electric vehicles (EVs), contributing to Brussels' plan for levies on China's EVs to proceed and start getting implemented as of next month.

The measure is therefore going ahead, as the European Commission announced. The move will possibly aggravate the trade friction between Brussels and Beijing, with the Chinese likely to impose reciprocation measures.

"Today, the European Commission's proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has obtained the necessary support from EU Member States for the adoption of tariffs. This represents another step toward the conclusion of the Commission's anti-subsidy investigation," said Brussels in a statement.

"In...