news

eu plans to impose additional tariffs on chinese electric vehicles, german chancellor and finance minister voice opposition

2024-10-03

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

△german federal chancellor scholz (data map)

on october 2, local time, german federal chancellor scholz saidit hopes to negotiate with china to resolve the eu's dispute over temporary countervailing duties imposed on chinese electric vehicles.he emphasized,the eu's response should not cause harm to itself: “this is why negotiations with china on electric vehicles must continue.”

german federal finance minister lindner alsocall on germany to oppose the imposition of temporary countervailing duties on chinese electric vehicles in the eu vote on october 4, calling the european commissionit would be wrong to "risk it this way" by proposing temporary countervailing duties. he admitted frankly,a trade war with china will do more harm than good to the european auto industry.

major german car manufacturers also expressed their opposition. bmw group chairman zipse said on the 2nd that the federal government should “take a clear position.vote against additional tariffs in the eu” because germany’s economic prosperity depends to a large extent on open markets and free trade, and the plannedeu tariffs could 'spark a trade conflict with only losers'

on october 4, 2023, the european commission launched a countervailing investigation on electric vehicles imported from china; on july 4, 2024, it imposed temporary countervailing duties on chinese electric vehicles; on august 20, 2024, the european commission issued countervailing duties on chinese electric vehicles. the final draft of the subsidy investigation shows that it plans to impose countervailing duties of 17% to 36.3% on chinese electric vehicles.

on september 10, china’s ministry of commerce responded to the eu’s anti-subsidy case against china’s electric vehicles. a spokesman for the ministry of commerce said that the electric vehicle countervailing case is complex and has a wide impact. it is challenging for china and the eu to negotiate and reach an agreement. however, china believes that as long as the eu shows sincerity and meets each other halfway, mutual concerns can be resolved through consultations. china is willing to continue to work closely with the eu to strive to reach an early solution that is in the common interests of both parties and in line with wto rules, so as to promote the healthy and stable development of china-eu economic and trade relations. (headquarters reporter ruan jiawen)