The European Union has announced that it will impose tariffs of up to 38.1% on electric vehicles (EVs) imported from China. This decision, effective from next month, not only targets Chinese automakers like BYD Co. Ltd (BYDDY) , Geely Automobile Holdings (GELYY) and SAIC Motor Corp., but also impacts Western companies such as Tesla (TSLA) and BMW AG (BMWYY) , which produce EVs in China for the European market. As China prepares to retaliate, the stakes in this trade conflict are rising. EU's Tariff Decision ...