BEIJING — Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars.
BEIJING — Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese -made electric cars.The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers, but the move has faced opposition from Germany and Hungary, which fear provoking Beijing 's ire and setting off a bitter trade war.
The EU launched the probe in a bid to protect its automobile industry, which employs around 14 million people.France, which pushed for the investigation, welcomed the decision.'The European Union is taking a crucial decision to protect and defend our trade interests, at a time when our car industry needs our support more than ever,' French Finance Minister Antoine Armand said in a statement.
Files WTO Complaint Over EU's New Taxes On Chinese Evs
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU slaps tariffs on Chinese EVs, risking Beijing backlashLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Chinese premier inaugurates Beijing-funded Pakistan airportISLAMABAD—China’s Premier Li Qiang took part in a ceremony during his Pakistan visit to inaugurate a Beijing-funded airport, located in a volatile region
Read more »
Chinese woman allegedly robbed, raped by fellow Chinese in Pasay CityLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Babaeng Chinese, ninakawan at ginahasa umano ng mga kapuwa-Chinese sa PasayNagsumbong sa pulisya ang isang babaeng Chinese dahil ginahasa at pinagnakawan umano siya ng tatlo niyang kababayang Chinese sa loob ng isang hotel sa Pasay City. Ang isang suspek na naaresto, nahulihan din ng baril.
Read more »
Xi congratulates Japan PM Ishiba amid tensionsBEIJING — Chinese President Xi Jinping has congratulated Japan's new Prime Minister Shigeru Ishiba, Beijing's state media reported on Wednesday, the day after he took office in Tokyo.
Read more »
From the makers of the iPhone come the Foxtron Models C, D and UFrom the factories of the iPhone come three new EVs
Read more »