The European Union voted on Oct 4 to impose tariffs as high as 45 per cent on electric vehicles (EVs) from China in a move set to increase trade tensions with Beijing.
The European Commission's proposal to impose definitive tariffs on Chinese-made EVs has obtained the necessary support from member states, the body said in a statement.
It added that it would continue negotiations with China in parallel "to explore an alternative solution that would have to be fully WTO (World Trade Organisation)-compatible, adequate in addressing the injurious subsidisation established by the commission's investigation, monitorable and enforceable".
The commission, the bloc's executive arm, can now proceed with implementing the duties, which would last for five years. Ten member states voted in favour of the measure, while Germany and four others voted against and 12 abstained.
China's Commerce Ministry expressed strong opposition to the EU's vote to impose tariffs on China-made EVs, calling this an "unfair, non-compliant and unreasonable" protectionist practice.
Diese Geschichte stammt aus der October 05, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 05, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Different paths for middle powers India and Australia
A Donald Trump return also brings into sharper focus the dilemma of managing relations with the US and China.
Singaporean households can now claim $300 CDC vouchers
Over 1.3 million households will benefit from move to help cushion impact of rising prices
Neil Young withdraws from Glastonbury music fest
Folk legend Neil Young has pulled out of the Glastonbury music festival in 2025, alleging it has fallen under \"the corporate control\" of its partner BBC.
Rosita Missoni popularised her brand's zigzag motif
Italian designer Rosita Missoni, co-founder of the eponymous fashion house known for its bright and patterned styles, died on Jan 1 at the age of 93, a company official said on Jan 2.
BTS' J-Hope, Squid Game star Yim Si-wan among celebs donating money
South Korean rapper J-Hope of K-pop boy band BTS has joined fellow celebrities in donating money to help the families of the victims of the deadly air crash in Muan county, South Korea.
Meghan Markle's lifestyle show to premiere on Jan 15 on Netflix
Meghan Markle, the former actress wife of Britain's Prince Harry, will launch her new lifestyle and cooking show on Netflix on Jan 15, she announced on social media on Jan 2.
Dungeons & Dragons rolls the dice with new rules about identity
While solving quests in Dungeons & Dragons, the gamers who role-play as elves, orcs and halflings rely on the abilities and personalities of their custom-made characters, whose innate charisma and strength are as crucial to success as the rolls of a 20-sided die.
Wi Ha-joon Was 'Quite Worried' Over Squid Game Role
The actor fretted over how to portray his character and felt a lot of stress
Fast Lane
ICY FUN AT ICE-DRIVING COURSES IN ARCTIC CIRCLE
It seems to lean closer to the Cooper than the Countryman
Like the rest of the Fab Four, drummer Ringo Starr of English rock band The Beatles had a customized Mini Cooper in the 1960s.