“China strongly opposes this and is deeply concerned,” the commerce ministry said in a statement late Tuesday.
The European Commission (EC) announced on Tuesday that it plans to apply tariffs of up to 36 percent to Chinese electric cars for five years. import duties unless Beijing offers an alternative solution to end the dispute over state subsidies.
“We hope that the European side will rationally and pragmatically cooperate with the Chinese side … and take practical steps to avoid the escalation of trade friction,” the Chinese ministry added.
Last month, Brussels imposed heavy temporary tariffs of up to 38 percent on Chinese electric cars. amount of import duties, which supplemented the currently valid 10 percent. tariffs because an investigation into the subsidies found that they unfairly harm European competitors.
On Tuesday, the Commission released a draft plan to make these slightly adjusted tariffs final.
Interested parties will now have until the end of August to submit their views on the matter. For the tariffs to become final, EU member states should approve them by the end of October at the latest.
A European Commission official said the Commission remains “open” to the possibility of resolving the dispute without tariffs, but China must offer an alternative solution.
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2024-08-23 03:05:37
