Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

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

EU imposes extra tariffs on Chinese EVs, risking backlash

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.

FLERE HISTORIER FRA The Straits Times

The Straits Times

Repetitive dullness snuffs out A House Of Dynamite

Despite a star-studded cast, including Rebecca Ferguson and Idris Elba, the political thriller flops as the suspense fizzles out

time to read

2 mins

October 30, 2025

The Straits Times

India in 'wait-and-watch' mode on US sanctions against Russian crude

India, one of Moscow’s largest oil purchasers, is starting to suspend some of its oil imports from Russia to mollify US President Donald Trump while it works on renegotiating a trade deal with the US.

time to read

4 mins

October 30, 2025

The Straits Times

More support for Al start-ups to scale faster under new partnership

It is part of plan to forge tie-ups that take ideas from S'pore to the world: DPM Gan

time to read

4 mins

October 30, 2025

The Straits Times

Cruise centre Higher capacity after facelift

Marina Bay Cruise Centre Singapore has just undergone a $40 million facelift, boosting the facility’s capacity from 6,800 to 11,700 passengers.

time to read

1 min

October 30, 2025

The Straits Times

The Straits Times

A fading Europe struggles to be heard in new world order

On matters of economics as well as war and peace, the EU's attributes no longer serve it well in the hardball politics of today.

time to read

7 mins

October 30, 2025

The Straits Times

Vietnam steps up reclamation work on Da Nam reef in South China Sea

Beijing's measured response to Hanoi's efforts is strategic, says analyst

time to read

5 mins

October 30, 2025

The Straits Times

ALFAISALEYAH SHOULD BE PEAKING THIS TIME AROUND

Speedy five-time winner has twice won over this course and trip, fitter after three starts

time to read

3 mins

October 30, 2025

The Straits Times

What needs to be done before Singapore can make a decision on nuclear energy

Closely assessing nuclear technology, developing sound policies and raising the level of public understanding are key things that Singapore has to get right before it can make a decision on going nuclear, said the director of a new nuclear energy office in the Republic on Oct 29.

time to read

4 mins

October 30, 2025

The Straits Times

Last-start winner Max The Magician to double up

Oct 30 South Africa (Turffontein) preview

time to read

3 mins

October 30, 2025

The Straits Times

The Straits Times

More food reaches Gaza, but many cannot afford it

Hundreds of trucks enter the Gaza Strip daily now. Some carry aid from international organisations. Others bring donations from foreign governments.

time to read

4 mins

October 30, 2025

Listen

Translate

Share

-
+

Change font size