Get News Fast

Intensification of trade disputes between China and the West

During the escalation of China's trade disputes with the Western bloc, Beijing has threatened Westerners to impose customs tariffs on Western combustion vehicles.
– International News

According to the report of the international group Tasnim news agency, weekly “Spiegel” wrote in an article: “Joe Biden”, the president of the United States of America, has already imposed high tariffs on imported Chinese electric cars, and Europe may soon follow suit. On the other hand, Beijing has announced that it will put countermeasures on the agenda. China’s agenda has reacted in the customs dispute with the United States of America and the European Union and is now imposing tariffs on imports from these countries. An expert from a government research institute in the country spoke of a 25 percent import tariff that should be applied to Western combustion cars with larger engines.

The plan is likely to It affects the German automakers BMW and Mercedes. Liu Bin, an expert at the China Automotive Research and Technology Center (CATARC), clearly considers plans for punitive tariffs in the United States and Europe as the reason for this proposal.

The EU Commission wants In June, it will decide whether to impose so-called anti-dumping duties on Chinese electric vehicles. In doing so, the union will follow the lead of the United States. The US Trade Representative has now provided details on the punitive tariffs, which are set to rise to 100% from August. The US government announced that a 30-day consultation period would then end. In addition to electric cars, semiconductors and many other products are also affected by this higher tariff plan.

These tariff plans are criticized in the automobile industry has encountered Carlos Tavares, chairman of Stellantis, described the tariffs as “an even bigger trap.” According to him, they did not prevent Western car manufacturers from adapting to China’s competition, but simply increased inflation. Oliver Zipes, the head of BMW, also criticized these tariffs in the General Assembly and noted that a large part of the electric cars imported from China are produced by Western manufacturers.

Tavares said that electric car manufacturers from China currently have a 30% cost advantage. The head of this parent company, Opel, said: “If you want to face the competition and compensate for the cost advantage, it needs social adjustments.” But European governments don’t want to face the issue at the moment, however, his company is in good talks with the unions. According to him, most of the time they agree with us about the danger we are facing and how we will get through this time.”

Tavares also said: Price war It will be “very difficult” for the dealers. It will not be easy for the carmakers themselves to sell 1.5 million cars.

Not long ago, during the escalation of China’s trade disputes with the United States and the European Union, Beijing asked the Western bloc to impose tariffs on some chemicals, some of which are also used in cars. has threatened.

The trade disputes between China and the West continue to escalate. First, “Joe Biden” increased the tariff on Chinese electric cars, and now Beijing is considering the tariff sanctions on the import of chemicals from the United States and the European Union.

In the trade dispute with the United States and the European Union, China has asked the West to impose tariffs on some materials. Chemical threats that some of them are also used in cars. China’s Ministry of Commerce has initiated anti-dumping investigations into such chemicals from the European Union, the United States, Japan and Taiwan.

An EU spokesman said on Sunday in Answering a question about this in Brussels, he said that the European Commission has taken this decision of the People’s Republic of China into consideration. They know the recent trade with the West.

support A person in charge caused Tehran to sign a contract with China
European ports turned into a large parking lot for Chinese electric cars

end of message/

 

© Webangah News Hub has translated this news from the source of Tasnim News Agency
free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars Safe investment in the Islamic Republic of Iran

Leave a Reply

Your email address will not be published. Required fields are marked *

one × three =

Back to top button