India  
 
NewsR.in

China Accuses EU of Unjustified Tariff Hike on Electric Vehicles

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
China Accuses EU of Unjustified Tariff Hike on Electric Vehicles

China Accuses EU of Unjustified Tariff Hike on Electric Vehicles

China Accuses EU , of Unjustified Tariff Hike , on Electric Vehicles.

'The Independent' reports that China's Commerce Ministry has accused the European Union of conducting an unreasonable investigation and implementing an unjustified increase in tariffs.

.

'The Independent' reports that China's Commerce Ministry has accused the European Union of conducting an unreasonable investigation and implementing an unjustified increase in tariffs.

.

On June 20, ministry spokesman He Yadong accused the EU of demanding an excessive amount of information from Chinese automakers.

.

The types, scope, and amount of information collected by the European side are unprecedented, far exceeding the requirements of anti-subsidy investigations, He Yadong, China's Commerce ministry spokesman, via 'The Independent' .

According to He, this information included details on everything from manufacturing to product formulas from Chinese electric car and battery producers.

After Chinese companies did their best to cooperate with the investigation and provided information, .., He Yadong, China's Commerce ministry spokesman, via 'The Independent' .

... the European Commission still unreasonably accused Chinese companies of not fully cooperating and imposed punitive high tax rates, He Yadong, China's Commerce ministry spokesman, via 'The Independent' .

He added that Chinese companies involved with the investigation were left feeling "shocked and disappointed.".

The spokesman went on to state that any additional measures or provisional increases in tariffs lack a "factual and legal basis.".

'The Independent' reports that the EU plans to impose new provisional tariffs between 17.4% and 38.1% on Chinese EVs starting on July 4.

.

Those tariffs would apply to all foreign brands of electric vehicles exported to the EU, including Tesla.

.

The EU has stated that it wants to discuss its investigation with authorities in China and seek a way to resolve any issues.


You Might Like


💡 newsR Knowledge: Other News Mentions

The Independent The Independent British online daily newspaper

Environment secretary insists "most farms won't be affected" [Video]

Environment secretary insists "most farms won't be affected"

Environment secretary Steve Reed has insisted "only around 500 farms will be affected" by the new family farm tax. The plans to impose inheritance tax on farms worth more than £1 million have sparked fury among rural communities, with thousands of farmers descending upon Westminster on Tuesday in protest. "The vast majority of farms will pay nothing more under the new scheme - that's been validated by the Independent Office for Budget Responsibility," Mr Reed added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:07Published

European Union European Union Supranational political and economic union

University mobility programmes: Which countries attract the most EU students? [Video]

University mobility programmes: Which countries attract the most EU students?

Spain and the UK are the top destinations, as over 360,000 undergraduate and master's students from the EU took part in a mobility programme of at least three months, the latest Eurostat data shows.

Credit: euronews (in English)    Duration: 01:30Published
In Moldova's path towards the EU, political prisoners in Transnistria face challenges [Video]

In Moldova's path towards the EU, political prisoners in Transnistria face challenges

When pro-European forces won in Moldova in November, their victory only passed by the slimmest of margins. A concerted Russian influence campaign was potentially behind it.

Credit: euronews (in English)    Duration: 01:50Published
Combining and strengthening European air and missile defence cooperation [Video]

Combining and strengthening European air and missile defence cooperation

18 EU member states have signed a letter of intent to step up cooperation and share the costs of developing common defence systems.

Credit: euronews (in English)    Duration: 02:23Published
French farmers continue protests against EU-Mercosur free trade agreement [Video]

French farmers continue protests against EU-Mercosur free trade agreement

Proponents of the EU-Mercosur deal argue it would boost economic ties between Europe and South America by removing tariffs on exports, notably for machinery, chemicals and cars. However, the deal is widely seen as not beneficial for the agricultural sector.

Credit: euronews (in English)    Duration: 01:11Published
EU Troops vs. Russian Army? Biden’s Move Triggers NATO Tensions, Putin Reacts With Nuclear Move [Video]

EU Troops vs. Russian Army? Biden’s Move Triggers NATO Tensions, Putin Reacts With Nuclear Move

After Biden’s long range missile approval, now NATO allies are making significant moves in Ukraine, with Estonian Foreign Minister Margus Tsahkna calling for potential EU military deployment. The US has authorized Ukraine's use of ATACMS missiles to strike Russian territory, prompting immediate Ukrainian attacks on Bryansk. These escalatory actions near Russia's borders raise tensions and concerns about potential broader war before Trump's 2025 presidency. #Biden #Ukrainewar #Ukrainewar #NATO #Worldnews #RussiaNucleaerwar #NuclearDoctrine #Ukrainewarlive #Warnews #war ~PR.320~HT.95~ED.102~GR.122~

Credit: Oneindia    Duration: 03:00Published

European Commission European Commission Executive branch of the European Union

Who's who in the new European Commission? [Video]

Who's who in the new European Commission?

Meet the new European Commission.

Credit: euronews (in English)    Duration: 02:57Published
'Putin told me he did not want Ukraine to exist' - Former EU Commission chief, José Manuel Barroso [Video]

'Putin told me he did not want Ukraine to exist' - Former EU Commission chief, José Manuel Barroso

Former EU Commission José Manuel Barroso said Putin told him he didn't want Ukraine to exist as an independent state. He said he told him his goals during the twenty five meetings he had with him during his tenure.

Credit: euronews (in English)    Duration: 12:00Published
European Parliament’s centrist groups cut deal to approve new Commissioners [Video]

European Parliament’s centrist groups cut deal to approve new Commissioners

The coalition deal will allow the new European Commission to take office on 1 December, as originally planned.

Credit: euronews (in English)    Duration: 01:45Published
‘Guardians of Nature’: Indigenous peoples, key players in protecting biodiversity [Video]

‘Guardians of Nature’: Indigenous peoples, key players in protecting biodiversity

At the COP16 conference in Cali, there was a vote in favour of strengthening the status of Indigenous and local communities in future United Nations negotiations about biodiversity. This is why the European Commission lent its support to this initiative.

Credit: euronews (in English)    Duration: 00:58Published
EU inflation forecast to tumble as Brussels warns of looming trade war [Video]

EU inflation forecast to tumble as Brussels warns of looming trade war

The European Commission has hailed a 'gradual' rebound in economic activity, but warns the EU is 'especially vulnerable' amid rising geopolitical tensions.

Credit: euronews (in English)    Duration: 01:06Published

Related videos from verified sources

China hits back at EU tariff hike on electric vehicles [Video]

China hits back at EU tariff hike on electric vehicles

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.

Credit: euronews (in English)     Duration: 01:41Published
European Union Announces Higher Tariffs on Chinese EVs [Video]

European Union Announces Higher Tariffs on Chinese EVs

European Union Announces , Higher Tariffs on Chinese EVs. On June 12, the EU said it will impose higher tariffs on imports of Chinese electric vehicles (EVs), CNBC reports. . The increase in..

Credit: Wibbitz Top Stories     Duration: 01:31Published