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Thematic (Sector/Industry)

China Automobiles / Thematic (Sector/Industry)

<ul><li>China has denounced the European Commission’s plan to definitely impose tariff hikes on all electric vehicles (EVs) shipped from the country as “unreasonable,” and vowed to take “all necessary measures” to defend Chinese companies.</li><li>The commission on Tuesday announced an adjusted set of proposed additional duties on China-made EVs as part of an ongoing investigation that found state subsidies are enabling Chinese electric-car makers to undercut their European rivals.</li><li>In an escalation of trade frictions, China on Wednesday launched an anti-subsidy investigation into European Union dairy products.</li></ul>

China has denounced the European Commission’s plan to definitely impose tariff hikes on all electric vehicles (EVs) shipped from the country as “unreasonable,” and vowed to take “all necessary measures” to defend Chinese companies.The commission on Tuesday announced an adjusted set of proposed additional duties on China-made EVs as part of an ongoing investigation that found state subsidies are enabling Chinese electric-car makers to undercut their European rivals.In an escalation of trade frictions, China on Wednesday launched an anti-subsidy investigation into European Union dairy products.

China Vows to Defend EV-Makers as EU Confirms Additional Import Duties 