Coverage dated October 28, 2024 to October 29, 2024
China ‘does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
Headline from NBC 6 South Florida
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.
NBC 6 South Florida's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing's burgeoning exports of green technology to the 27-nation bloc.
China responded with anger to European Union duties on imports of Chinese-made battery electric vehicles, accusing the 27-member country bloc of "pure protectionism" that would hurt trade, consumers and climate efforts.
The EU has has increased tariffs, up to 45.3% on Chinese-imported EVs. China has slammed the decision, with EU members Germany and Hungary also vocally criticizing it.