The Chinese government announced on Friday that it has lodged a complaint with the World Trade Organization (WTO) regarding the European Union's imposition of tariffs on electric vehicles manufactured in China. The move comes as China seeks to protect the interests and development rights of its electric vehicle industry and promote global cooperation in the transition to green technologies.
The EU has implemented provisional tariffs of up to 37.6% on electric vehicles originating from China, citing concerns that these vehicles benefit unfairly from government subsidies. In response, China asserts that its support for the electric vehicle sector complies with WTO regulations.
The two parties have until early November to address their disagreements, after which the provisional tariffs will become permanent. Meanwhile, China's automobile exports saw an increase in July compared to the same period last year, while domestic sales experienced a decline, according to a report from an industry association.
The Chinese Commerce Ministry contends that the EU's tariffs violate WTO guidelines and hinder international collaboration on combating climate change. In retaliation, China has initiated investigations into the export of French cognac and European pork, raising concerns among analysts about the potential escalation of a damaging trade dispute with the EU.
