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China's SAIC Motor will request a hearing from the European Commission on the extra duties it faces, the company said on Friday, as the European Union's provisional tariffs on made-in-China EVs took effect.
The European Union moved ahead with plans to impose provisional tariffs on electric vehicles imported from China that would raise rates to as high as 48%, a step likely to escalate trade tensions with Beijing.
Europe on Thursday confirmed tariff increases on electric vehicles imported from China to the continent with automakers criticizing the move.
China's state-backed Global Times has urged the EU to "show sincerity" in technical talks before imposing tariffs on Chinese-manufactured electric vehicles (EVs), after the bloc said provisional tariffs would take effect from Friday.
The Chinese state-owned automobile manufacturer demands an official hearing from the European Union on tariffs
The EU tariff increases on Chinese EVs began and automakers aren’t sure when expected retaliation will arrive, how serious it will be, or if it involves other sectors.
China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect.
The European Union has carried out its threat to impose provisional tariffs on imports of electric cars from China of up to 37.6%, the bloc's Official Journal announced on Thursday. Chinese companies affected include BYD,
The new tariffs on individual manufactures range from 17.4% to 37.6%, which is on top of a 10% duty that was already in place for all electric cars imported from China. This could raise the price of EVs across the EU,
The European Commission on Thursday published the findings of its nine-month investigation into China's electric vehicle market, giving insight into how it calculated tariffs and the evidence it collected to support its highest profile trade case.
The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would
Chinese EV stocks are trading defensively Friday after the European Union hit all battery electric vehicles imported from China with steep tariffs effective immediately. The action -- though expected -- rattled shares of XPeng (NYSE:XPEV),
The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels' largest trade case yet.
SAIC Motor, which faces a 37.6 per cent tariff on exports of its EVs to Europe, has requested a hearing from the European Union after the punitive measure came into effect on Thursday.
New tariffs on Chinese EVs could increase car prices in Europe and trigger retaliation from China. But the EU say the charges are essential.
The European Union will impose provisional tariffs of up to 37.6% on imports of electric vehicles made in China from Friday, ratcheting up tensions with Beijing in the EU's largest trade case yet. Here are some reactions to the news: EU TRADE CHIEF VALDIS DOMBROVSKIS "Obviously we are in consultation with member states now,
The European Union will impose additional provisional duties of up to 38 percent on Chinese electric cars from Friday after concluding manufacturers in China benefited from unfair state support.
Analysts say provisional import tariffs on Chinese electric vehicles by the European Union, which will begin on Friday, represent an ‘inflection point’ in the relationship.
EU regulators will impose provisional duties on Chinese-made electric vehicles (EVs) imported into the European Union from Friday, without backdating, they said, risking retaliation from Beijing. The European Commission,
A trade group representing Chinese companies said Thursday it was "deeply disappointed" by the EU's decision to impose extra import taxes of up to 38 percent on Chinese electric cars.
China’s Ministry of Commerce said it hoped to reach an agreement soon with the European Union on the bloc’s planned tariffs for imported Chinese electric cars.
The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing. There is however a four-month window during which the tariffs are only provisional and intensive talks are expected to continue between the two sides.
President Joe Biden’s decision to raise tariffs on Chinese electric vehicles is a striking example. The president has added new tariffs on Chinese EVs, semiconductors, batteries, solar cells, steel and aluminum.
The European Commission told carmakers on Thursday it would apply additional duties of up to 37.6% on imported electric vehicles made in China from July 5. Here is a breakdown of the provisional tariffs by company: BYD: 17.