Beijing rejects extra European tariffs on Chinese electric cars

Beijing rejects extra European tariffs on Chinese electric cars

Beijing on Wednesday rejected the European Union’s imposition of additional tariffs on electric cars made in China, after a European investigation found that Beijing’s subsidies to its companies were harming the European car industry.
China disagrees with and does not accept this ruling and has filed a complaint under the WTO dispute settlement mechanism,” a spokesman for China’s commerce ministry said, adding, ‘China will take all necessary measures to protect the legitimate rights and interests of Chinese enterprises.

 


On Tuesday, the European Commission adopted a regulation imposing additional tariffs on electric cars imported from China on the grounds that they create unfair competition.
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Once the decision comes into force, the tariffs will be final and will remain in place for five years.