China expressed its disagreement and rejection of the European Union's decision to impose additional tariffs of up to 35.3% on electric vehicles imported from the Asian country. The Chinese Ministry of Commerce filed a complaint with the World Trade Organization and stated that it will take all necessary measures to protect the rights and interests of Chinese companies.
In August, China initiated a process before the WTO considering that the EU's initiative violated regulations and was disproportionate. Despite this, China expressed its willingness to negotiate an acceptable solution for both parties as soon as possible through dialogue and consultation.
The European Commission imposed tariffs of 35.3% on SAIC, 18.8% on Geely, and 17% on BYD, for a maximum of five years. It will also affect Western companies that produce in China. The EU took this measure after receiving sufficient support from member states, despite the division in the voting.
China has announced investigations into EU imports, including brandy, dairy products, and pork, in response to the tariffs imposed by the EU.
