China’s Ministry of Commerce recently filed a complaint with the World Trade Organization (WTO) against the European Union’s (EU) anti-subsidy measures on electric vehicles produced in the country.
This is the second time China has filed a complaint against the EU regarding electric vehicle tax laws.
The Chinese Ministry of Commerce affirmed that it does not recognize or accept the European Commission’s (EC) final ruling on additional tariffs on electric vehicles manufactured in China and will take all necessary measures to protect the interests of domestic businesses.
On October 29, the EC confirmed that the EU would impose a new tariff of up to 35.3%, significantly higher than the current 10%, on electric cars imported from China starting October 31.
Specifically, BYD will be taxed at 17%, Geely at 18.8%, while SAIC, a state-owned Chinese company, will face the highest rate of 35.3%.
When combined with the EU’s standard import tax of 10%, these rates increase to 27%, 28.8%, and 45.3%, respectively. Other companies manufacturing in China, such as Volkswagen and BMW, are subject to a 20.7% tariff, while Tesla faces a 7.8% rate. It is understood that these additional tariffs will remain in place for at least five years.
The Chinese Ministry of Commerce argued that the EU’s import taxes violate WTO rules and hinder global cooperation on addressing climate change.
Last week, the ministry called on domestic automakers to halt investment plans in EU countries that supported higher tariffs on Chinese-made electric vehicles. The Chinese government encouraged investments only in countries that opposed the additional taxes.
The trade tensions between China and the EU are not limited to the automotive industry but have also escalated to other products, including spirits, dairy products, and chemicals.
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