Beijing criticizes EU’s planned tariffs on Chinese electric cars

Spread the love


The European Commission has proposed tariffs of up to 45%, set to take effect in November for the next five years.

China’s state news agency, Xinhua, warned that the European Union’s (EU) plan to impose tariffs on Chinese electric vehicles will harm both economic relations and environmental goals.

The European Commission’s decision to implement tariffs on Chinese-made electric vehicles threatens decades of cooperation between China and the EU, as well as shared green transition objectives, Xinhua reported on Saturday (Oct. 5).

On Friday, the EU announced plans to introduce tariffs on imports of electric vehicles from China, despite opposition from Germany.

“Instead of encouraging collaboration, these tariffs could spark a trade conflict, damaging not only China-EU relations but also Europe’s green transition ambitions,” Xinhua stated.

The agency described the measure as exposing a “deep-rooted protectionist impulse,” adding that further negotiations, rather than tariffs, are necessary.

In recent years, imports of Chinese electric vehicles have surged, raising concerns among some European manufacturers that these lower-cost vehicles could lead to significant financial losses. The European Commission is proposing tariffs of up to 45%, which would be imposed from November for five years.

Following a year-long investigation, the European Commission said the tariffs aim to protect the domestic market from unfairly subsidized imports. However, it also noted that negotiations with Beijing would continue, with a potential compromise involving minimum sales prices.

China’s Ministry of Commerce criticized the proposed tariffs, calling them unfair and excessive. It has lodged a complaint with the World Trade Organization (WTO).

In retaliation, Beijing has initiated investigations into the import of brandy, dairy, and pork products from the EU this year.

For comparison, the U.S. has imposed a 100% tariff on Chinese electric vehicle imports.

Leave a Reply

Your email address will not be published. Required fields are marked *

TECH

Tesla to Launch Driverless Robotaxi Service in Just a Few Weeks

Spread the love

Spread the loveTesla is about to roll out its first batch of autonomous robotaxis, but the effort has more questions than answers on safety, transparency, and who precisely gets access. As Tesla, under the guidance of Elon Musk, presses on with driverless technology, it has the potential to be a pioneer for years to come. […]

Read More
TECH

Germany Launches Driverless Car Service – Book Your Ride Through an App

Spread the love

Spread the loveFrom this Wednesday, Germany will begin to test self-driving vehicles as part of its public transport system for the first time. The test project was announced by national rail operator Deutsche Bahn and regional mobility company in the Rhine-Main region in western Germany. The self-driving cars can be reserved by the passengers through […]

Read More
TECH

SpaceX Starship Completes Ninth Test Flight, Breaks Apart After 30 Minutes

Spread the love

Spread the loveSpaceX’s behemoth Starship rocket lifted off into the sky on its ninth test flight as another progression toward the company’s long-term vision of colonizing Mars. Though the spacecraft exploded roughly 30 minutes into flight, SpaceX still considers the mission successful. The test follows two earlier attempts this year that crashed shortly after liftoff. […]

Read More