EVs: China reacts irritably to punitive • Table.Briefings

China is reacting angrily to the EU’s threat of punitive tariffs on EVs. The move is pure protectionism and would have negative consequences for trade between China and Europe. In the EU, too, subsidies are flowing into the development of the EV industry.

The reactions from Beijing were not long in coming. The anti-subsidy investigations by the EU Commission into EVs from China would have negative consequences for economic and trade relations between China and the EU, the Chinese Ministry of Commerce warned. It said the EU was concerned with „protecting its own industry“ under the guise of fair competition. It went on to say that this was „sheer protectionism“ that would hit the global supply chains of the automotive industry hard. They are „very concerned and dissatisfied“ with the EU Commission.

EVs: China reacts irritably to punitive tariff threats

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