China Challenges EU Over EV Tariffs at WTO
China's commerce ministry announced plans to file a WTO lawsuit against the EU due to imposed countervailing measures on Chinese electric vehicles. This follows recent negotiations between a visiting EU delegation and Chinese officials over price commitments in the ongoing tariff dispute.
- Country:
- China
China is escalating its trade dispute with the European Union by filing a lawsuit with the World Trade Organization (WTO). The legal action was announced by China's commerce ministry on Monday, concerning the EU's countervailing measures on China-made electric vehicles.
The dispute centers around the tariffs imposed by the EU, which China contends are unfair. In response, last week saw negotiations take place as a European Union delegation visited China to discuss potential price commitments.
This lawsuit marks a significant step in the ongoing conflict over electric vehicle pricing, impacting the global trade landscape between these economic giants.
(With inputs from agencies.)