WTO to examine China complaint over EU electric vehicle tariffs
GENEVA: The World Trade Organisation (WTO) agreed on Friday to establish an expert panel to examine a complaint from Beijing over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars.
The extra taxes of up to 35 per cent were announced last October after an EU probe found Chinese state subsidies were undercutting European automakers. When China initially brought the case to the WTO late last year, it said it did not “agree with or accept” the tariffs.
“China will... take all necessary measures to firmly protect the legitimate rights and interests of Chinese companies,” Beijing’s commerce ministry said at the time. China’s representative told a closed-door meeting of the WTO’s Dispute Settlement Body Friday that the country considered the EU measures inconsistent with international trade rules, according to a Geneva-based trade official.
-
Fresh Details Of King Charles, Queen Camilla's US Visit Emerge Amid Andrew Investigation -
Iran 'set To Buy' Chinese Carrier-killer Missiles As US Forces Gather In Region -
Prince Harry And Meghan Unlikely To Meet Royals In Jordan -
Hero Fiennes Tiffin Shares Life-changing Advice He Received From Henry Cavill -
Savannah Guthrie's Fans Receive Disappointing News -
Prince William Steps Out For First Solo Outing After Andrew's Arrest -
Jake Paul Chooses Silence As Van Damme Once Again Challenges Him To Fight -
Google Disrupts Chinese-linked Hacking Groups Behind Global Cyber Attacks -
Four People Killed In Stabbing Rampage At Washington Home -
Meghan Pushes Prince Harry Into Territory That’s Dangerous To His Brand: ‘She Isn’t Hearing A Word Of It’ -
Christina Applegate Reflects On Lasting Impact Of Being Molested In Childhood -
Martin Short Makes Big Decision Following Tragic Death Of Daughter -
Antarctica’s Mysterious ‘gravity Hole’: What’s Behind The Evolution Of Earth’s Deep Interior? -
Hilary Duff Addresses Ashley Tisdale's 'toxic Mom Group' Claims And Matthew Koma's Firey Response -
Jack Hughes's Proximity To Trump Angers Tate McRae Fans -
Neve Campbell Opens Up About Her 'difficult Decision' To Not Sign 'Scream 6'