Reported about 1 year ago
Following the announcement by the European Commission to impose anti-subsidy tariffs on Chinese electric car manufacturers to prevent dumping, China's Ministry of Commerce demands the EU to rectify this action, emphasizing that they will take all necessary steps to defend the legal rights of Chinese enterprises. While China has not immediately retaliated with counter-tariffs, uncertainties remain regarding potential trade conflicts akin to US-China tensions. The statement criticizes the EU for disregarding facts, ignoring WTO rules, and escalating protectionism, urging the EU to correct its actions and resolve trade frictions through dialogue and negotiation.
Source: YAHOO