China has officially filed an appeal with the World Trade Organization (WTO) challenging the European Union’s recent decision to impose provisional additional tariffs on Chinese electric vehicles (EVs).
The Ministry of Commerce announced that this move aims to protect the rights and interests of the EV industry and to support global green transformation efforts. According to the ministry, the EU’s preliminary ruling is both factually and legally unfounded, violating WTO regulations and hindering international climate cooperation.
In early July, the European Commission introduced provisional tariffs of up to 37.6% on Chinese battery electric vehicle (BEV) imports. The Commission justified this action by stating that subsidies provided to Chinese BEV manufacturers give them an unfair advantage, posing economic risks to European producers.
China has called on the EU to rectify these practices immediately, emphasizing the importance of maintaining stable economic and trade relations between China and the EU. The appeal highlights the potential disruptions to the EV industrial and supply chains, which are crucial for both regions' sustainable growth.
This development underscores the ongoing tensions in the global trade landscape, especially in the rapidly evolving EV market. As countries strive to balance economic interests with environmental goals, decisions like the EU’s tariffs could have significant implications for international cooperation and the future of green technology.
Reference(s):
cgtn.com
