In view of China’s overcapacity and unfair competitors brought on by authorities subsidies in worldwide commerce, the USA and the European Union have successively introduced the imposition of excessive tariffs on electrical automobiles made in China. There may be information that Canadian Prime Minister Trudeau can be contemplating imposing new tariffs on Chinese language electrical automobiles. That is undoubtedly an extra blow to my nation’s export of recent power merchandise.
In accordance with China’s official Xinhua Information Company, Commerce Minister Wang Wentao held a video convention with European Fee Govt Vice President and Commerce Commissioner Valdis Dombrovskis on June 22. session.
Lengthy earlier than the EU threatened to impose extra tariffs on China, the USA had already introduced a 100% tariff on Chinese language electrical automobiles in Might this yr. The European Union warned this month that it will impose extra import tariffs of as much as 38% on some Chinese language electrical automobiles from July following a countervailing investigation.
The skin world has observed that though Beijing has rapidly taken countermeasures and launched an anti-dumping investigation on EU pork merchandise, within the face of the chance of the EU and the USA launching a commerce battle towards Beijing on the similar time, “session” is clearly the most suitable choice to keep away from continued financial turmoil. Technique.
Agence France-Presse quoted an EU spokesman on Sunday as saying that the 2 sides would maintain contacts in any respect ranges within the coming weeks, however the EU burdened that any negotiation outcomes should successfully deal with the problem of dangerous authorities subsidies.
German Vice Chancellor Habeck, who’s visiting China, additionally mentioned that the above-mentioned “consultations” are a “good” first step on the lengthy highway to future Sino-European commerce.