Beijing files WTO complaint over EU's new taxes on Chinese EVs

Uniunea Europeana

BEIJING: Beijing said on Wednesday (Oct 30) it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars. The extra taxes of up to 35 per cent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers, but the move has faced opposition from Germany and Hungary, which fear provoking Beijing's ire and setting off a bitter trade war. China slammed Brussels's

Beijing files WTO complaint over EU's new taxes on Chinese EVs https://www.channelnewsasia.com/ - 30.10.2024 09:19

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Beijing files WTO complaint over EU's new taxes on Chinese EVs https://www.channelnewsasia.com/ - 30.10.2024 09:19