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Beijing rejects additional European tariffs on electric cars

Beijing rejects additional European tariffs on electric cars

A spokesman said Chinese Ministry of Commerce “that China “It neither agrees nor accepts this ruling, and has filed a complaint under the WTO dispute settlement mechanism,” he said, adding, “China will take all necessary measures to protect the legitimate rights and interests of Chinese enterprises.”

And she was adopted European Commission Tuesday a list imposing additional customs duties on Electric cars Imported from China as it creates unfair competition.

Despite the German refusal, I decided Brussels To add to the current 10 percent fee on Cars Chinese Electric Power, an additional fee of up to 35 percent, according to the text of the regulations published online.

Once the decision enters into force, you will be… Customs duties Final and lasts for five years.

Additional tariffs also apply, at different rates, to cars manufactured in China by foreign groups such as Tesla, which faces an additional 7.8 percent duty.

As for the Chinese auto giant Geely, the best-selling electric car in the country, it will face an additional fee of 18.8 percent, while SAIC will bear the highest fee of 35.3 percent.

The spokesman added, “China has repeatedly confirmed that the investigation it conducted European Union Antitrust in Cars “Chinese electricity has many aspects that are unreasonable and inconsistent, and represent protectionist practices.”

He continued, “We hope that the European Union will adopt a constructive stance, working with China to quickly reach a solution acceptable to both sides and avoid escalation of trade frictions.”

Beijing has also opened investigations into European Union subsidies for some dairy and pork products imported from China.

Trade tensions between China and the European Union are not limited to electric cars, as Brussels is also investigating Chinese support for the industry Solar panels.

In recent months, Canada and the United States have imposed much higher tariffs of 100 percent on imports of Chinese electric cars.



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