The European Union’s decision to slap additional tariffs on Chinese-made electric vehicles (EVs) starting in July has sparked fiery opposition from industry players and trade groups worldwide. 🌍🔥 China’s Commerce Ministry called the move a threat to ‘mutually beneficial cooperation’ between China and Europe, warning it could upend the global EV supply chain. ‘Healthy competition, not tariffs, will drive innovation,’ urged spokesperson He Yadong.
Meanwhile, the China Council for the Promotion of International Trade (CCPIT) slammed the EU’s plan as a ‘notably unfair’ double standard. 🛑⚖️ The group accused Brussels of violating WTO rules by excluding Chinese automakers from its investigation process while subsidizing its own EV sector. ‘We’ll defend our rights through all legal channels,’ a CCPIT spokesperson vowed.
With China dominating the global EV market—and European brands like BMW and Volkswagen investing heavily in partnerships—this trade clash could reshape the future of green tech. 🌱⚡ Will Brussels backtrack, or is this the start of a high-stakes trade war? Stay tuned.
Reference(s):
cgtn.com