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EU tariffs on Chinese EVs face backlash

CHINADAILY  · 公众号  · 时评  · 2024-10-31 09:54

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China does not acknowledge or accept the European Union's final ruling to impose additional tariffs on electric vehicles manufactured in the Chinese market, the Ministry of Commerce said on Wednesday, vowing to take all necessary measures to protect the interests of companies. The European Commission, the EU's executive arm, announced on Tuesday the conclusion of its anti-subsidy investigation, resulting in the imposition of definitive countervailing duties on EVs produced in China. The measures will expire at the end of a five-year period unless an expiration review is initiated before that date, the commission said in a news release. ▲ A SAIC model is driven into a cargo ship headed to Europe. Photo provided to chinadaily.com.cn In response, China has filed a complaint under the World Trade Organization's dispute settlement mechanism. China has repeatedly pointed out that the EU's anti-subsidy investigation into EVs manufactured in China is irrational and fraught with numerous no ………………………………

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