The EU conformed its decision to raise tariffs on Chinese EVs, leading to worries this might raise trade tensions.

European Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc's highest profile trade case, which risks retaliation from Beijing.

The European Union voted to impose more tariffs on Chinese-made electric vehicles (EVs), risking further retaliation from Beijing, which in August launched an anti-subsidy investigation into EU dairy imports.