EU duties on Chinese EVs: Why tariffs are a bad idea

For more: https://www.cgtn.com/video Both Chinese and European sides have voiced serious concerns and dissatisfaction, following the European Union's decision to adopt tariffs of up to 45 percent on China-made electric vehicle imports in a Friday vote last week. The Chinese Ministry of Commerce said Friday that China firmly opposes the unfair, illegal and unreasonable protectionist practices of the EU. The ministry said the EU's decision will hardly solve any problems but only weaken the confidence of Chinese companies wanting to invest in EU partners. What are the short term and long term impacts on bilateral trade? How can the two sides forge ahead with further negotiations? Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv