Chinese auto body says EU’s proposed 36pc tariffs bring ‘enormous risks’, warns of 'adverse impact' on EV industry

📆 8/21/2024 4:15 AM
📰 malaymail

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China Association Of Automobile Manufacturers News

EU Tariff On China Evs,China Electric Vehicle Manufacturers,Electric Vehicles Evs

HONG KONG, Aug 21 — The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made...

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The decision on the tariffs brings “enormous risks and uncertainty” for China’s operations and investment in the EU, the association said, according to the CCTV report. The Commission, which sets EU trade policy, said it still believed Chinese EV production has benefited from extensive subsidies and proposed duties of up to 36.3 per cent on auto companies. In July it set a maximum initial planned duty of 37.6 per cent.

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Chinese auto body says EU’s proposed 36pc tariffs bring ‘enormous risks’, warns of 'adverse impact' on EV industryHONG KONG, Aug 21 — The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made...
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