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China seeks to deal with Europe in the same way

During the past few days, the European Union imposed a customs tariff on the import of electric cars from China, and now China has decided to retaliate.

According to Mehr reporter Quoting from Rashatudi, Beijing has announced that it has initiated a new round of its investigations on the import of European brands.

The European Union started imposing tariffs on the import of electric cars from China on Thursday, and the importers of electric cars from China to Europe will have to pay a customs tariff from 17 to 37.6 percent, while the rate is The import tariff of these products to Brussels was 10% before.

Europe says that China has unfairly allocated subsidies to its automobile companies; The Ministry of Commerce of China said that in a few days, a hearing will be held for European brands that are sold in the Chinese market at a lower price than the market.

While condemning the action of the European side, the Chinese Chamber of Commerce announced that the imposition of tariffs on the import of Chinese electric cars was a political action and had a oriented approach. Of course, this institution has expressed hope that the dispute will be resolved through dialogue.

In the meantime, of course, the Germans are worried about the consequences of the trade confrontation between Brussels and Beijing, and since one third of the total production of German car manufacturers was sold in the Chinese market last year, they believe that the harm of this action by Brussels is more than its benefits. /p>

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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