Germany responds that tariffs on Chinese electric car imports are not a “punishment” but are aimed at enhancing competition with China. After facing severe criticism, China responded that it would do its best to protect electric car producers.
Germany responds that tariffs on Chinese electric car imports are not a “punishment” but are aimed at enhancing competition with China. After facing severe criticism, China responded that it would do its best to protect electric car producers.
Robert Haback The Minister of Economic Affairs of Germany, the politician and environmentalist from the Green Party, visited Beijing. To attend the climate and change conference and explain storageElectric car taxfromChina After Friday (June 21), China responded with this growing conflict with…European Union (European Union) on related issuesElectric car Could cause a 'trade war'
At the first Climate and Change Conference, Habaek said Chinese EV tax measures are not “punishment' However, other countries such as the United States, Brazil and Turkey use tax measures as a punishment, he saidEuropeIssuing various tax measures
Habaek also revealed that over the past nine months, the European Commission has investigated in detail the fairness of the benefits accruing to Chinese companies from subsidies. The introduction of various European tax measures is not intended to “punish”. But this is to compensate for the benefits that the Chinese government gives to its automakers. Competition must have standards and equal access to markets.
During his meeting withCheng SanjiChairman of the National Development and Reform Commission of China Habik said. The tariff measures aim to enhance competition with China.
Cheng responded that the agency will do its best to protect Chinese companies, adding that European tariffs could affect Chinese electric vehicle imports on both sides. Cheng hopes Germany will show leadership within Europe. And do the right thing
Cheng also denied accusations that the subsidies were unfair. He said that the development of China's new energy industry has led to technological, market and industrial chain advantages. This is driven by fierce competition in the market.
Temporary tax measures in Europe are scheduled to take effect on July 4, and investigations into the fairness of China's electric car subsidies will continue until November 2. After that, the final tax rate may be announced. This is usually effective for 5 years.
An opportunity to create a compromise
Habaek's three-day visit to China is the first by a high-ranking European official since then.European CommissionA tax is proposed to be imposed on the import of electric vehicles from China to combat overly subsidized vehicles which has led to countermeasures. And harsh criticism from Chinese leaders
Last week, a Chinese Ministry of Commerce spokesman said that the European side continues to create trade conflicts. It may lead to a “trade war” and the full responsibility lies with Europe
whileChinese car manufacturing companiesCall on the Beijing government to increase customs duties on imports of internal combustion vehicles from Europe. Meanwhile, the Chinese government opened an investigation into dumping of pork imports from the European Union. In response to the EU Commission's tax moves
However, Habaek's visit to China is an opportunity for Germany. Europe's largest economy in explaining the announcement of the tax measures to Chinese officials and reducing the risk of retaliation by China that could hurt German companies.
While car manufacturers in Germany have come out strongly against collecting European taxes. The Berlin government offered to hold talks. While you expect China will make concessions as well.
but, Car manufacturers in Germany are among the industries most at risk of retaliation from China. That's because nearly a third of sales came from China last year. The European Union's electric car tax move will establish trade relations with China and the world's second-largest economy will fall to a new low.
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