Versuchen GOLD - Frei
EU imposes extra tariffs on Chinese EVs, risking backlash
The Straits Times
|October 31, 2024
China says it does not accept increased duties and will take steps to protect firms
-
China on Oct 30 said it did not "agree with or accept" hefty new European Union tariffs on Chinese-made electric vehicles (EVs) after an anti-subsidy probe concluded that Beijing's support undercut European automakers.
"China does not agree with or accept the ruling, and has filed a complaint under the WTO (World Trade Organisation) dispute settlement mechanism," a spokesperson for Beijing's Commerce Ministry said.
"China will... take all necessary measures to firmly protect the legitimate rights and interests of Chinese companies," added the spokesperson.
"We also noticed that the EU side indicated it would continue to negotiate with China on price commitments," said the spokesperson, adding that Beijing hoped to find a "solution acceptable to both sides as soon as possible to avoid escalating trade friction".
China launched its own probes in 2024 into imports of EU brandy, dairy and pork products in apparent retaliation.
The EU on Oct 29 announced that it would increase tariffs on Chinese-built EVs to as much as 45.3 per cent, amid the end of its highest-profile trade investigation, which has divided Europe and prompted retaliation from Beijing.
Once these tariffs come into effect, they will be definitive and last for five years.
Diese Geschichte stammt aus der October 31, 2024-Ausgabe von The Straits Times.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Straits Times
The Straits Times
China’s genius plan to win the AI race is already paying off
A network of ultra-competitive high-school talent streams has been turning out the leading lights of science and tech.
12 mins
February 02, 2026
The Straits Times
Rosenior wants to use Chelsea's 'special' spirit
Liam Rosenior said Chelsea's dramatic fightback from two goals down to beat West Ham United 3-2 on Jan 31 showed his side have something “special”.
2 mins
February 02, 2026
The Straits Times
Cubans under siege as US stranglehold sets in
Longer blackouts, soaring prices after US tariff warning halts oil shipments to island
5 mins
February 02, 2026
The Straits Times
S'pore as a super-aged society: Can its health system cope?
In 2026, the Republic crosses a demographic threshold. As chronic conditions, cancers and mental health issues become more widespread, the focus must shift to prevention of disease and affordability of care.
7 mins
February 02, 2026
The Straits Times
ScamShield Multi-layered approach protects users
We thank Ms Jeanne Marie Ho Pau Yuen for her letter “Is ScamShield working fast enough?” (Jan 27).
1 mins
February 02, 2026
The Straits Times
Jakarta residents battle flood waters to get to work
JAKARTA - When flood water submerged streets across the neighbourhood of Kemang in South Jakarta in mid-January, 31-year-old Dyas turned to a rubber boat provided by rescuers to reach her workplace in the nearby Blok M business district.
2 mins
February 02, 2026
The Straits Times
Decline in cancer deaths in Singapore despite increase in new cases
The number of new cancer cases here has been rising in recent years, but that of deaths due to cancer here has fallen.
2 mins
February 02, 2026
The Straits Times
Bollywood milks India nationalism for box-office success
Wave of war films, spy thrillers driven by domestic taste for patriotic entertainment
6 mins
February 02, 2026
The Straits Times
ST Engineering's hovercraft-like AirFish set to start carrying S'pore passengers by Q3
The AirFish, a hovercraft-like vessel that skims over water, will start commercial operations by the third quarter of 2026, taking passengers from Singapore to a nearby destination.
1 mins
February 02, 2026
The Straits Times
Getting the boot after a day as a warehouse assistant
My son’s stint in the e-commerce industry taught him about unfair contracts, resilience and the dark side of the business
4 mins
February 02, 2026
Listen
Translate
Change font size
