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Brussels reaffirms its customs tariffs on Chinese electric cars

The governments of European Union were unable to agree and add a majority this Friday to approve or reject the imposition of customs tariffs on Chinese electric carsthe decision will therefore belong to the European Commission. Thus, in the coming days, Brussels will adopt the final decision which makes permanent the tariffs that the EU imposed provisionally since last July. This is what the Commission declared in a press release.

In the recent vote on the European Commission’s proposal to impose permanent temporary tariffs on certain products from China, only five countries, including Germanythey voted against.

Germany’s main concern is the possibility economic repercussionsespecially in what could trigger a trade war with China.

Electric car prices in China

Spain, along with eleven other countries, abstained in the vote, while ten countries voted in favor of the proposal. To block the measure, at least 15 member states, representing 65% of the population of the European Union, had to vote against it, which was not done.

This vote is part of the process by which the Twenty-Seven must decide whether the provisional tariffs established by Brussels become permanent. According to community rules, a decision must be taken before October 30 on this key issue for commercial relations with Beijing.

“At the same time, the EU and China continue to work hard to explore an alternative solution which should be fully compatible with the WTO“adequate to combat harmful subsidies established by the Commission’s investigation, monitorable and enforceable”, says the European Commission.

Li Qiang, Chinese Prime Minister.

However, Brussels has summoned China to the WTO for its investigation to be carried out veto on the dairy sector European. Analysis of milk blockage European Union It began in retaliation after tariffs were imposed on Chinese electric cars. It is for this reason that the European authorities consider that the Asian giant is committing an abuse by calling into question trade in this sector.

This affair dates back to August 21, when China announced a anti-subsidy investigation on dairy products imported from the European Union, in particular on producers of milk and liquid cream with a fat content greater than 10% and various types of fresh cheese.

Beijing This calls into question CAP aid and some regional programs and national aid which, according to Brussels, is aid “fully in line with international rules and causing no harm to the Chinese dairy industry”.

Source

MR. Ricky Martin
MR. Ricky Martin
I have over 10 years of experience in writing news articles and am an expert in SEO blogging and news publishing.
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