Following the EU investigation into EV tariffs, China is now starting its own investigation into unfair trade practices by the EU. Certainly no coincidence: All of the industries mentioned were recently affected by anti-subsidy investigations.
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The tariffs are here, but the conflicts are far from over. Berlin intends to keep intervening in Brussels to avoid provoking Beijing too much. And Beijing will almost certainly retaliate – though probably not against Germany first.
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Reckless provocation of a trade war or justified self-defense against highly subsidized state capitalism? Economists say: If Chinese EVs are truly underpriced, the EU must take countermeasures with tariffs.
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In an interview conducted by János Allenbach-Ammann, Valdis Dombrovskis warns of the growing market share of Chinese EV manufacturers. The Trade Commissioner and Vice-President of the European Commission also calls on Germany to make more public investments.
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The planned EV tariffs may already have the desired effect: Volvo, owned by Geely, could invest in Belgium to avoid having to import its products from the People's Republic.
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Beijing threatens to impose a 25 percent import tariff on gasoline-powered large engine vehicles. This will particularly hit German car manufacturers and ultimately benefit China's electric brands.
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The trade disputes between China and the West continue to intensify. Beijing now considers punitive tariffs on imported chemicals used in the automotive sector, among others.
By Redaktion Table
The USA will soon impose tariffs on double-sided solar modules from China, which have been exempt so far. In this way, Biden wants to protect domestic manufacturers even better. However, this leaves him with a dilemma between the energy transition and market protection.
By Christiane Kuehl
The Brussels authority confirmed a decision made last November. The tariffs can range up to 24.2 percent.
By Amelie Richter
The EU Commission wants to suspend tariffs on EVs from and for the UK for a further three years. However, they will definitely be introduced from 2027.
By Alina Leimbach
