China Slams EU's High Tariffs on Electric Vehicles Amid Trade Tensions

China has criticized the EU for imposing high tariffs on Chinese electric vehicles, accusing the bloc of making unreasonable demands and conducting an unfair investigation. The tariffs are set to be as high as 38%, leading to escalating trade tensions between Beijing and Brussels.


PTI | Beijing | Updated: 20-06-2024 19:54 IST | Created: 20-06-2024 19:54 IST
China Slams EU's High Tariffs on Electric Vehicles Amid Trade Tensions
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China's Commerce Ministry on Thursday criticized the European Union for imposing high tariffs on Chinese electric vehicles. The ministry accused the EU of making unreasonable demands during its investigation into Chinese imports.

Ministry spokesman He Yadong stated that European authorities demanded excessive information from Chinese automakers, leading to accusations of non-cooperation.

'After Chinese companies did their best to cooperate, the European Commission still imposed punitive high tariffs,' He said. This situation hints at escalating trade tensions, with the EU planning tariffs of up to 38% for the next four months.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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