
China Files WTO Lawsuit Over EU’s EV Ruling
China is set to file a lawsuit with the WTO against the EU’s final anti-subsidy measures targeting Chinese electric vehicles, aiming to protect the EV industry and promote global green cooperation. ๐โก
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China is set to file a lawsuit with the WTO against the EU’s final anti-subsidy measures targeting Chinese electric vehicles, aiming to protect the EV industry and promote global green cooperation. ๐โก
US trade policies under Trump and Biden are threatening the global multilateral trading system, with hefty tariffs and fragmented trade strategies posing serious risks.
China rejects EU’s 5-year anti-subsidy duties on Chinese-made EVs, calling it protectionist. Both sides seek a dialogue to resolve tensions. ๐๐ฌ
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China has filed a complaint with the WTO against Canada over new tariffs on Chinese electric vehicles and surtaxes on steel and aluminum imports, citing unfair trade practices. ๐๐
As trade tensions rise, experts debate if global trade can thrive without full globalization. Latest talks on Chinese EV tariffs take center stage. ๐โก
WTO Director-General Ngozi Okonjo-Iweala warns against unilateralism, praises China’s role in global trade, and calls for international cooperation to avoid economic crises. ๐๐ฌ
Financial expert Daryl Guppy argues U.S. trade barriers signal confidence in China’s economic strength as it transitions to digital and service-driven growth. ๐๐