EU tariffs on Chinese electric cars spark trade tensions
The Chinese Chamber of Commerce to the EU has called on Brussels to delay implementing tariffs on imports of electric vehicles produced in China. This is a response to the EU Commission's announcement that it has received sufficient support from EU members to impose these tariffs. The Ministry of Commerce in Beijing also expressed strong opposition.
1:46 PM EDT, October 4, 2024
The European Commission announced on Friday that it has gained sufficient support from member states of the European Union to introduce new tariffs on Chinese electric cars. The new tariffs will range from 7.8% to 35.3%, depending on the manufacturer, and will supplement the existing EU import duty on cars, which is 10%.
Reactions of Chinese companies and authorities
The organization representing Chinese companies in the European Union expressed its dissatisfaction in a press release, stating that it strongly encourages the EU "to approach the final measures with caution, delay the implementation of these tariffs, and prioritize resolving disputes and trade tensions through consultations and dialogue."
China strongly opposes the EU's unfair, non-compliant, and unjustified protectionist practices in this matter and strongly opposes the imposition of anti-subsidy duties by the EU on Chinese electric vehicles, reported the Chinese Ministry of Commerce.
The European Commission intends to continue negotiations with Beijing to find an alternative solution.
