Sunday, 23 February 2025
Home Topics Business EU states plan Friday vote on Chinese EV tariffs
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

EU states plan Friday vote on Chinese EV tariffs

53
Chinese electric cars, like these waiting to be shipped for export, are at centre of trade tensions with the EU (AFP)
Chinese electric cars, like these waiting to be shipped for export, are at centre of trade tensions with the EU. — AFP

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday.

The European Commission, in charge of EU trade policy, plans to levy additional duties of up to 36 per cent on electric vehicles imported from China but the issue has divided the bloc.

Brussels announced its plans in July for the tariffs — on top of current duties of 10 per cent — after an anti-subsidy probe found Chinese state subsidies were unfairly undermining European competitors.

The tariffs would become definitive for five years after a vote by the EU’s 27 member states that must take place before the end of October.

That vote is now planned for October 4, EU diplomats told AFP. One diplomat said the hope now was that talks “can continue after the adoption of the rates”.

Eleventh-hour talks took place in Brussels when China’s commerce minister Wang Wentao visited earlier this month but no solution was found to avoid duties.

The EU wants to level the playing field to protect its automotive industry, which provides jobs to around 14 million people in the bloc.

Germany, and most recently Spain, have criticised the tariffs, which they fear could lead to a trade war with China, but EU states including France and Italy support them.

Beijing has already bared its teeth in anger at the duties, launching probes into European brandy, some dairy, and pork products imported into China.

It also filed an appeal with the World Trade Organization over the tariffs last month.

It is unlikely that enough EU states will vote against the tariffs to force the commission to reverse course.

At least 15 countries — representing 65 per cent of the EU population — would need to oppose the tariffs to stop them becoming definitive.

© Agence France-Presse

Related Articles

Lilium burnt through huge sums while trying to develop its jet (AFP)

German flying taxi start-up’s rescue deal collapses

A German flying taxi start-up said on Friday it would halt operations...

FILE PHOTO: U.S. Secretary of the Interior Doug Burgum speaks as he attends a signing ceremony with members of the West Virginia Congressional Delegation at the EPA headquarters in Washington, D.C., U.S., February 18, 2025. REUTERS/Kent Nishimura/File Photo

US energy council chief says power plants to produce 15% more electricity

By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary and co-chair of...

Cuba has inaugurated a new solar energy park in the capital Havana (AFP)

Cuba opens solar park hoping to stave off blackouts

Cuba on Friday unveiled a new solar energy park in the capital...

FILE PHOTO: Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer/File Photo

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

By Amy Lv and Lewis Jackson BEIJING (Reuters) -Iron ore futures prices...

Login into your Account

Please login to like, dislike or bookmark this article.