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China hits back at EU tariff hike on electric vehicles
euronews (in English)
Follow
13/06/2024
Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.
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00:00
Chinese government officials have blasted the EU over proposed tariff hikes on electric
00:07
vehicles. The European Commission announced it would increase import duties from 10 percent
00:14
to as much as 38 percent for Chinese automakers. Chinese ministry spokespeople have labeled
00:20
it the wrong decision that could lead to a trade war.
00:24
"The tariff hike will not only damage the legitimate rights of China's electric vehicle
00:31
industry, disrupt the cooperation between China and Europe, and distort the global vehicle
00:38
and industrial chain supply chain, including those of the EU. The EU's approach is suspected
00:45
of violating trade organization rules and is a blatant trade protectionist behavior."
00:52
Beijing has vowed to react to the additional duties, which has made European producers
00:58
of cognac, pork and perfume nervous.
01:20
Electric cars are the latest flashpoint in a broader dispute between the EU and China.
01:25
Brussels claims Beijing's state support for green tech undercuts EU cars on price. These
01:32
new duties, expected to be rolled out next month, are aimed at leveling the playing field.
01:38
[SWOOSH]
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