The European Commission has proposed final duties on Chinese-built EVs for the next five years to counter what it sees as unfair Chinese subsidies after a year-long anti-subsidy investigation
The European Commission said on Friday it had received enough support from EU members to impose tariffs of up to 45 per cent on Chinese electric vehicle imports in the bloc’s highest profile trade case, but would continue to negotiate with Beijing .
It would have taken opposition from a qualified majority of 15 EU members, representing 65 per cent of the EU population, to block the proposal. Reuters reported on Wednesday that the measure was likely to pass with France, Italy and Poland planning to vote in favour. BMW Chief Executive Oliver Zipse described the vote as “a fatal signal for the European automotive industry.” He said a quick settlement was needed between Brussels and Beijing to prevent a trade conflict.China’s foreign ministry did not immediately respond to a Reuters request for comment Stellantis said it supported free and fair competition and that the sector was under pressure from ambitious carbon reduction plans and “the Chinese global commercial offensive.
In moves seen as a retaliation, Beijing this year launched its own probes into imports of EU brandy, dairy and pork products.
Beijing China Commission Bloc Support Tariffs Tariff SAIC Viktor Orban BMW
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