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China refuses to accept the US "turning the table" and takes the EU to the WTO, sending out four important signals

2024-08-13

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After waiting for a month, China finally took the EU to the WTO. What the West is most worried about now is China's next move.

According to the official news on the website of the Ministry of Commerce of China, recently, in response to the EU's temporary tariffs on Chinese electric vehicles,China has taken the EU to the WTO dispute settlement mechanism

This news is undoubtedly a formal response to the European Commission's previous announcement to impose temporary tariffs on Chinese electric vehicles. So what does this move mean for China-EU trade relations?

Ministry of Commerce of China

First, from the perspective of resolving trade disputes, although in the past two years, under the influence of the United States, many countries have directly imposed tariffs and adopted trade protectionist measures when encountering trade frictions, but from a procedural point of view, this is obviously not a constructive approach.

Under the premise that the world's major economies are basically included in the WTO, if trade frictions arise between two economies, it is a constructive approach to seek a ruling through the WTO's appeal mechanism.

From this perspective, China's lawsuit against the EU in the WTO is equivalent to setting a positive example for other economies in the world.In short, if there is a dispute, you should first ask the WTO to make a ruling. The "table-turning tactic" of imposing tariffs as a result of a disagreement will harm everyone's interests.