EU passes tariffs on China-made EV imports
On Friday, October 4, 2024, the European Commission’s proposal to impose additional tariffs on China-made electric vehicle (EV) imports received enough support from member states of the European Union (EU) for adoption.
“Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from EU Member States for the adoption of tariffs. This represents another step towards the conclusion of the Commission’s anti-subsidy investigation,” announced the Commission after the EU member states’ vote.
Before the October 4 vote, the Commission proposed imposing duties as high as 35.3% on EVs made in China and sold in Europe. BYD, Geely, and Tesla received individual tariff rates, usually lower than the maximum of 35.3%. SAIC also received an individual surtax but will pay the maximum rate. The tariffs will be placed on top of the 10% currently imposed on imports.
A Commission Implementing Regulation will be published in the European Commission’s Official Journal. The Commission expects the Implementing Regulation to be published by October 30, 2024. It will contain the Commission’s definitive findings during its anti-subsidy investigation into China’s EV imports.
Even though member states voted to impose tariffs on EV imports made in China, the EU and China will continue to discuss alternative solutions to the issue. The European Union is open to finding a WTO-compatible solution that benefits both sides. China’s Ministry of Commerce has filed an appeal with the World Trade Organization (WTO) against Europe and Canada’s tariffs on Chinese EV imports.
EU Passes Tariffs on China-made EV Imports by Maria Merano on Scribd
If you have any tips, contact me at maria@teslarati.com or via X @Writer_0100110.
The post EU passes tariffs on China-made EV imports appeared first on TESLARATI.
Source: https://www.teslarati.com/eu-tariffs-china-ev-imports-2/
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: | 1,641,745,106 |
| Stories: | 8,255,095 |
Whistler Blowers, Insiders
