China, EU are open to talks on plans to hike tariffs on Chinese EVs

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BANGKOK (AP) — China and the European Union are open to holding talks on the EU’s recent decision to sharply raise tariffs on imports of Chinese-made...

BANGKOK — China and the European Union are open to holding talks on the EU’s recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles , officials from both sides say.

The European Commission, the EU’s executive arm, said preliminary results from an investigation into Chinese EV subsidies showed the country’s battery electric vehicle “value chain” benefits from “unfair subsidization” that hurts EU rivals.Commerce Minister Wang Wentao held a video conference with European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis, the Chinese Commerce Ministry said in a notice Saturday on its website.

China’s Commerce Ministry on Thursday accused the EU of making unreasonable demands in its investigation into imports of Chinese electric vehicles before it announced it was raising tariffs by as much as 38%. Jason Selvig of The Good Liars said he had never seen this before at one of the former president's rallies.

Chinese Automakers China European Union Chinese State Media Electric Vehicles European Commission Tariffs Germany's Economy

 

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