China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

ByThe Associated Press

November 4, 2024, 1:32 PM

GENEVA — China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles.

The Chinese diplomatic mission to the WTO said Monday it “strongly opposes” the measures and insisted its move was designed to protect the EV industry and support a global transition toward greener technologies.

The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute. Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European markets and Beijing’s burgeoning exports of green technology to the bloc.”>announced last month it was imposing import duties of up to 35% on electric vehicles from China, alleging the Chinese exports were unfairly undercutting EU industry prices. The duties are set to remain in force for five years, unless an amicable deal can be struck.

Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European markets and Beijing’s burgeoning exports of green technology to the bloc.

China alleged that the EU move amounted to “an abuse of trade remedies” that violates WTO rules, and amounted to “protectionist” measures, according to the mission’s statement.

Valdis Dombrovskis, the executive vice president of the EU’s Commission, last week called the steps “proportionate and targeted” and were aimed to underpin fair market practices and support the bloc’s industrial base.

Read More

  • Related Posts

    JFK files named ‘dirtier’ than expected in major admission by head of declassification task force Anna Paulina Luna

    CLICK HERE: Sign up for DailyMail.com’s daily U.S. politics newsletter PODCAST: Trump’s ‘Liberation Day’ Tariffs, plus shock call for Death Penalty in Luigi Mangioni case. Listen to Welcome to MAGAland…

    23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns

    23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs 23andMe has filed…

    You Missed

    Police launch CCTV probe after ‘armed and masked gang’ were seen chasing terrified students outside school

    Police launch CCTV probe after ‘armed and masked gang’ were seen chasing terrified students outside school

    Scandal-hit ferry Glen Sannox set to sail again… in wake of latest humiliation

    Scandal-hit ferry Glen Sannox set to sail again… in wake of latest humiliation

    Jamie Dimon faces mutiny at JPMorgan as work from home mob form secret group

    Jamie Dimon faces mutiny at JPMorgan as work from home mob form secret group

    Nuclear bombshell could FINALLY crack infamous DB Cooper case… and tragic clue that suggests ‘wink-and-nod’ about his motive

    Nuclear bombshell could FINALLY crack infamous DB Cooper case… and tragic clue that suggests ‘wink-and-nod’ about his motive