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According to CCTV News, on October 29, local time, the European Commission announced that it had ended its anti-subsidy investigation and decided to impose a tax on electric vehicles (BEV) imported from China. Final countervailing duty for five years.
The relevant decision is expected to be announced in the Official Journal of the European Union on the 30th local time, and countervailing duties will be officially implemented on the 31st.
The sampled Chinese export producers will be subject to the following countervailing duties:
Other cooperative companies will be charged a tariff of 20.7%. After filing an individual review request, Tesla will be subject to a 7.8% tariff. All other non-cooperating companies will be subject to a 35.3% tariff.
The temporary tariffs imposed on electric vehicles imported from China on July 4, 2024 will not be levied.
It is reported that this surcharge is imposed on the already implemented 10% tariff, and the countervailing duty will reach a maximum of 45.3% after adding up the general tariff.
On October 29, local time, Hildegard Muller, chairman of the German Automobile Industry Association, issued a statement saying that the EU's imposition of tariffs on electric vehicles imported from China is a setback for global free trade and will have a negative impact on Europe's prosperity, employment and economic growth. All have negative impacts.
Mueller warned that the move could exacerbate the risk of a trade conflict and ultimately harm the industry.
Ministry of Commerce’s response: Disagree, do not accept, and have filed a lawsuit
The spokesperson of the Ministry of Commerce said in response to a reporter's question: "On October 29, local time, the European Commission announced the final results of its anti-subsidy investigation against China's electric vehicles. What is China's comment on this?"
"We have noticed the announcement issued by the European side. The Chinese side has pointed out many times that the EU's anti-subsidy investigation of electric vehicles in China contains many unreasonable and non-compliant aspects. It is a protection against unfair competition in the name of 'fair competition'. doctrine approach.
China does not agree with or accept the ruling and has filed a lawsuit under the WTO dispute settlement mechanism. China will continue to take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises. "
The spokesman also said: "At the same time, we have also noticed that the European side has stated that it will continue to negotiate with China on price commitments. China has always advocated resolving trade disputes through dialogue and consultation, and has been making its best efforts to this end.
Currently, the technical teams of both sides are conducting a new phase of consultations. We hope that the EU will work with China in a constructive manner, follow the principles of pragmatism and balance, take care of each other's core concerns, reach a solution acceptable to both parties as soon as possible, and avoid trade frictions. upgrade. "
