Chinese authority imposes tariffs on EU’s EVs amid scramble for market

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

China's major auto industry association has slammed the EU's disregard of facts during its so-called investigation into Chinese electric

China’s major auto industry association has slammed the EU’s disregard of facts during its so-called investigation into Chinese electric vehicles and its subsequent decision to slap additional tariffs on Chinese EVs, warning the EU against politicization of trade issues that would undermine cooperation and the development of the global auto industry.

The CAAM further said that since the EC launched the investigation in October 2023, the Chinese automobile industry has actively cooperated with it to maintain the security and stability of the China-EU automobile industry chain, and the companies in question have diligently provided information requested by relevant departments.

Experts said that CAAM’s latest post further underscored the harsh response and serious concerns of the Chinese auto industry over the EC’s protectionist move, which could undermine cooperation not just in the auto industry but also in overall China-EU economic and trade.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines