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The European Union imposes duties on Chinese electric cars

The European Union imposes duties on Chinese electric cars

A year after launching its investigation into addressing the support measures, it will be imposed European Commission Additional duties ranging from 7.8 percent on Tesla products to 35.3 percent on products from the Chinese company SAIC, in addition to the standard car import duties imposed by European Union The amount is 10 percent.

A senior European Union official said that the additional customs duties were officially approved on Tuesday.

Its details are scheduled to be published in the Official Journal of the European Union on Tuesday, and will enter into force tomorrow, Wednesday.

The European Commission, which oversees EU trade policy, said the tariffs were necessary to counter what it says are unfair subsidies received by manufacturers in the European Union. China It includes preferential financing and grants, as well as land, batteries and raw materials at below market prices.

It says that China’s spare production capacity of three million electric cars annually is equivalent to twice the size of the European Union market.

Because tariffs are 100 percent in the United States and Canada, the most obvious port for these electric cars is Europe.

Beijing described the tariffs imposed by the European Union as protectionist and harmful to EU-China relations and automobile supply chains, and launched investigations this year into imports of brandy, dairy products and pork from the European Union.

It also filed a lawsuit against the EU measures before the World Trade Organization.

The European Commission held eight rounds of technical negotiations with China to find an alternative to customs duties, and said that talks could continue after the duties were imposed.

The two sides are examining the possibility of setting commitments to a minimum price for imported cars and agreed on Friday to hold another round, although the Commission said “significant gaps” remained.



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