China is pushing back against new EU tariffs on its electric vehicles, calling them “protectionist practices” that violate international trade rules. The European Commission announced duties ranging from 7.8% for Tesla’s Shanghai-made cars to a whopping 35.3% for SAIC vehicles, set to take effect this Thursday.
WTO Showdown ⚖️
China has already filed a lawsuit through the World Trade Organization’s dispute system. A Commerce Ministry spokesperson vowed to “take all necessary measures” to protect Chinese automakers. Meanwhile, industry groups like the CCCME argue the EU’s decision ignores “basic market economy principles” 🌐.
Auto Industry Reacts 🚗💨
Germany’s VDA auto association warned the tariffs could hike EV prices for European consumers and spark a trade war. But here’s the twist: Chinese EV exports to Belgium, Brazil, and the UK jumped 12.5% this year 📈, proving global demand remains strong.
Room for Compromise? 🤝
While tensions rise, both sides are negotiating behind closed doors. China emphasized its preference for dialogue over disputes – but the clock’s ticking ⏳. Will Europe’s green transition plans short-circuit over this? Stay plugged in for updates!
