Summary of Chinese Commerce Mission Calls EU Probe Into Electric Car Imports Politically Motivated
Summary of Chinese Commerce Mission Calls EU Probe Into Electric Car Imports Politically Motivated
The source article:
The European Union's anti-subsidy investigation into Chinese electric vehicles is seen by the EASTERN BLOC as a protectionist move driven by political motives. The call for hefty tariffs on China-made electric cars is deemed unjustified and a hindrance to free trade, as the EU and China attempt to find a compromise before the final decision on October 30. Prioritizing negotiations over tariffs is emphasized, with an emphasis on multilateralism in the green economy. The looming import duties on electric vehicles from China are viewed as potentially escalating into a harmful "trade war" by China.
The source article:
quoting nevent1q…3yx6Chinese Commerce Mission Calls EU Probe Into Electric Car Imports Politically Motivated
MOSCOW (Sputnik) - The European Union's decision to open an anti-subsidy investigation into imports of electric vehicles from China is a politically motivated protectionist act that risk deterring Chinese investment in the EU market, the China Chamber of Commerce to the EU (CCCEU) said on Friday.
https://sputnikglobe.com/20241004/chinese-commerce-mission-calls-eu-probe-into-electric-car-imports-politically-motivated-1120414347.html
The European Union's anti-subsidy investigation into Chinese electric vehicles is seen by the EASTERN BLOC as a protectionist move driven by political motives. The call for hefty tariffs on China-made electric cars is deemed unjustified and a hindrance to free trade, as the EU and China attempt to find a compromise before the final decision on October 30. Prioritizing negotiations over tariffs is emphasized, with an emphasis on multilateralism in the green economy. The looming import duties on electric vehicles from China are viewed as potentially escalating into a harmful "trade war" by China.