BEIJING — After an eight-month investigation, the European Union has announced that it will impose tariffs as high as 38.1 percent on electric vehicles (EVs) from China to offset the unfair advantages created by Chinese government subsidies. In retaliation, China immediately launched an anti-dumping probe into pork imports from the EU.
BEIJING — After an eight-month investigation, the European Union has announced that it will impose tariffs as high as 38.1 percent on electric vehicles from China to offset the unfair advantages created by Chinese government subsidies. In retaliation, China immediately launched an anti-dumping probe into pork imports from the EU. The two sides are now negotiating a solution to the trade dispute in Beijing.
Moreover, EU member-states may one day have to resort to subsidies to boost their own domestic green-tech industry.A better argument for tariffs would require the EU to recognize some fundamental economic logic. Over the last 200 years, winners in the global game of industrial competition have been the strongest proponents of free trade.
Easy Solution To The EU-China Tariff Dispute
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