Published on: Friday, June 14, 2024The EU stated that the provisional tariff increases would vary depending on the amount of state subsidies received by carmakers. China said Thursday it “reserves the right” to file a suit with the World Trade Organization over planned new EU tariffs on imports of its electric vehicles.
“China reserves the right to file a suit to the WTO and take all necessary measures to resolutely defend the rights and interests of Chinese companies,” Beijing’s commerce ministry spokesman He Yadong told a briefing.“This action not only harms the legal rights and interests of the Chinese electric vehicle industry… but will also distort auto production and supply chains around the world, including in the European Union,” He said.
The tariffs will apply provisionally from July 4 and then definitively from November unless there is a qualified majority of EU states — 15 countries representing at least 65 percent of the bloc’s population — voting against the move.
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