After announcing tariffs on China-built electric vehicles (EVs) that would amount to up to 38% on July 4, the European Union is backtracking in some cases, most notably in the case of U.S.-based carmaker Tesla (NASDAQ: TSLA).Namely, after indicating that China-made Tesla EVs would face tariffs of 20.8% in July, the EU decided to trim the tariffs to 9% after receiving an appeal from the company that stated it had received subsidies from China that do not warrant such a high tariff on its vehicles.This tariff ...