The European Union’s recent decision to impose additional tariffs on Chinese electric vehicles (EVs) is facing sharp criticism from the China Council for the Promotion of International Trade (CCPIT). Ren Hongbin, chairman of CCPIT, stated that the move violates World Trade Organization (WTO) rules and could harm economic interests on both sides.
“The EU’s forced imposition of additional tariffs on Chinese electric vehicles completely violates the framework of the WTO and relevant trade agreements,” Ren said during a press briefing. “These tariffs are detrimental not only to Chinese exporters but also to the EU economy.”
The EU announced an anti-subsidy investigation into Chinese EV imports, citing concerns over alleged state subsidies allowing Chinese manufacturers to sell vehicles at lower prices in the European market. This could lead to tariffs that would increase the cost of Chinese EVs in Europe.
Ren warned that such measures could disrupt the global automotive supply chain and hinder the development of the EV industry. “Electric vehicles are a key area for global cooperation in combating climate change and promoting sustainable development,” he emphasized. “Imposing unfair tariffs undermines these shared goals.”
The Chinese EV market has grown rapidly in recent years, with manufacturers like BYD and NIO expanding their global presence. The EU is one of the major markets for Chinese EVs, and increased tariffs could affect European consumers seeking affordable electric options.
Industry analysts note that collaboration between China and the EU in the EV sector has mutual benefits, including technological innovation and environmental progress. Ren called for dialogue and negotiation to resolve trade disputes, advocating for adherence to international trade rules and the promotion of fair competition.
“We hope the EU will uphold the principles of free trade and work together with China to foster a healthy and sustainable global EV market,” Ren concluded.
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CCPIT chairman: EU's tariffs on China's EVs detrimental to both sides
cgtn.com
