China wants EU tariffs on EVs gone by July 4 as talks resume

BEIJING, June 24 — Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlledProvisional EU duties of up to 38.1 per cent on imported Chinese-made EVs are set to kick in by July 4 while the bloc investigates what the EU claims are excessive and unfair subsidies to Chinese EV makers.

EU trade policy has turned increasingly protective over concerns that China’s production-focused development model could see it flooded with cheap goods as Chinese firms look to step up exports amid weak domestic demand. “Personally, I think it is unfair to start a tariff war by only taking into consideration the capacity utilisation rate and insufficient demand,” he added.

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China wants EU to scrap EV tariffs on EVs by July 4, Chinese state media reportsBEIJING, June 24 — Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlled Global Times reported,...
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