Reported 27 days ago
The European Commission has rejected proposals from Chinese electric vehicle manufacturers to set minimum import prices to avoid tariffs. This decision comes amidst an ongoing investigation into subsidies related to Chinese-built EVs. The Commission stated that none of the proposals effectively addressed the negative impacts of subsidies, emphasizing the importance of compliance with WTO rules. As the EU prepares to propose tariffs up to 35.3% on Chinese EVs, discussions with Chinese officials will continue.
Source: YAHOO