China files WTO complaint against EU ...News

Russia Today - Economy
China files WTO complaint against EU
source : Russia Today ( News ) () 38
The bloc’s preliminary ruling on import duties “lacks factual and legal basis,” Beijing has argued China has filed a complaint with the World Trade Organization (WTO) over the European Union’s imposition of provisional additional tariffs on electric vehicles (EVs) made in the Asian country. The EU last month slapped tariffs ranging from 17.4% to 37.6% on Chinese EV imports on top of existing 10% duties, citing Beijing’s “unfair subsidization” of car manufacturers. The Chinese Ministry of Commerce said on Friday that it had turned to the WTO dispute settlement mechanism “to safeguard the development rights and inte

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