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EVs: Why China believes it is in the right in the tariff dispute

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Published: June 24th, 2024,
Last updated: July 23rd, 2024

Noch vor Inkrafttreten der Ausgleichszölle am 4. Juli will die chinesische Regierung mit Handelskommissar Valdis Dombrovskis und der EU-Kommission verhandeln.
The Chinese government wants to negotiate with Trade Commissioner Valdis Dombrovskis and the EU Commission before the countervailing duties come into force on July 4.
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Over the past 15 years, China has pumped more than 231 billion dollars in subsidies into the development of its domestic EV industry. This is the conclusion of a study by the US think tank CSIS. The analysis by the team led by China expert Scott Kennedy breaks down in detail how the government has financially supported its companies. In response, the United States has already imposed countervailing duties. The EU also recently announced extra tariffs on EV imports from China.

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