Germany, the European Union's top member, will abstain from voting in a July 15 vote by EU member states on imposing temporary tariffs on Chinese-made electric vehicles.
 |
| Chinese electric cars entering Europe are subject to temporary tariffs of up to 37.6%. (Source: FT) |
This is the first test of EU member states' support for Brussels' landmark trade case.
The provisional imposition of tariffs of up to 37.6% on electric vehicles imported from China does not require the support of member states, but the final imposition of the tariffs could be blocked if a qualified majority of the 27 EU members oppose them.
Abstaining in this first stage would be seen as a show of support for Brussels as it continues negotiations with Beijing over the EU's biggest trade case to date.
The EU has slapped tariffs on Chinese electric vehicles over “unfair state subsidies,” despite Beijing’s warning that the move would trigger a trade war. The EU has launched an investigation into Chinese electric vehicle manufacturers in 2023 to see if state subsidies unfairly undercut the prices of EU carmakers.
Earlier, on July 8, China's Ministry of Commerce said that the country had shown "utmost sincerity" in consultations related to the EU's investigation into electric vehicle subsidies, while emphasizing that comments attributed to an EU official were "completely inconsistent with the facts".
In the statement, the ministry affirmed that China hopes the European side will show sincerity, promote consultations and reach a mutually acceptable solution as soon as possible.
“China is forced to take all measures to defend its rights and interests against any serious acts of abusing the rules and suppressing China,” the statement said.
Earlier, EU Ambassador to China Jorge Toledo was quoted by the media as saying that Beijing only recently responded to the EU's request for negotiations.
In the latest move from China, on July 10, China announced its next step after the EU added temporary tariffs on imported electric vehicles from the country. Accordingly, the announcement on the official website, the Chinese Ministry of Commerce said that the Ministry will launch an investigation on trade and investment barriers, regarding the relevant regulations that the EU has applied in the anti-subsidy investigation against Chinese companies.
The investigation was launched at the request of the National Chamber of Commerce for Import and Export of Machinery and Electronic Equipment, the ministry said. The complaint mainly covers products such as locomotives, photovoltaic and wind power equipment, and security inspections.
The investigation is likely to last until January 10, 2025, but could be extended by three months in exceptional circumstances.
Source: https://baoquocte.vn/danh-thue-xe-dien-trung-quoc-bac-kinh-the-hien-thien-chi-cao-eu-cuong-quyet-den-dau-278578.html
Comment (0)