The European Commission's decision to press ahead with tariffs on Chinese-made electric vehicles threatens to undermine decades of cooperation between China and the EU, and endangers climate-change goals,

A mild rally in the shares of automakers after the European Union voted to impose tariffs on electric vehicles from China does little to alleviate a bleak year for the sector’s investors.

The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.