China & EU agree to settle differences over EV import tariffs
In their recent meeting, Chinese Minister of Commerce Wang Wentao and the European Commission’s Executive Vice President and Trade Commissioner Valdis Dombrovskis agreed to settle differences over Europe’s tariffs on China-made electric vehicle (EV) imports.
According to the Ministry of Commerce, Dombrovskis agreed to continue negotiating price commitments on EV imports from China. Wang and Dombrovskis decided that the two nations would do their best to reach a mutually acceptable solution.
As of this writing, The Commission has reportedly reduced its tariff rates for China-made EV imports to 35.3%. The automakers that received individual rates, like BYD, Geely, Tesla, and Volkswagen, will also allegedly receive lowered duties. For instance, Tesla’s rate will reportedly drop from 9% to 7.8%.
During his meeting with the Commissioner, Minister Wang emphasized that the European Commission initiated its anti-subsidy probe on China’s EV imports without a formal complaint from European industries. He noted that the probe’s rulings are non-compliant, unreasonable, and unfair.
The Chinese Minister also reminded Dombrovskis that China had proposed a price commitment solution during the Commission’s investigation. He added that China had improved its price commitment proposal to address concerns from the EU. The Commission has not rejected China’s proposals so far.
According to the Ministry’s account of the meeting, Wang cautioned that China will take necessary measures to protect the legitimate rights and interests of its enterprises.
“China has the responsibility to safeguard the justified demands and legitimate rights of its domestic industries,” stated China’s Ministry of Commerce.
If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.
The post China & EU agree to settle differences over EV import tariffs appeared first on TESLARATI.
Source: https://www.teslarati.com/china-ev-import-tariffs-europe/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,639,694,415 |
| Stories: | 8,248,100 |
Whistler Blowers, Insiders
