Reported 8 months ago
The EU will start imposing tariffs on electric vehicles from Mainland China starting July 4, prompting strong dissatisfaction from China. Vice Premier of China's State Council Ding Xuezhang criticized the EU's move as typical protectionism, not beneficial to the EU's green transition, and emphasized China's firm determination to safeguard its legitimate interests. Suggestions were made for China to consider raising temporary tariffs on imported large-displacement gasoline vehicles to 25%. The article also discusses the potential retaliation actions from China in response to the EU's tariff increase on Chinese electric vehicles, highlighting the impact on global climate change cooperation and trade relations between the two regions.
Source: YAHOO