According to Euro News, the extra tariffs on Chinamade electric cars will go ahead as planned, despite ongoing talks with China and will apply as of Wednesday.
They are set to remain in place for the next five years.
Meanwhile, Brussels will continue negotiations with Beijing so as to secure a deal on minimum prices that can replace the tariffs.
It was observed by Euro News that this solution which was advocated by Germany is highly complex and would be difficult to implement.
Despite the introduction of tariffs, Brussels claims it remains committed to finding a solution with Beijing through enforcement of customs duties and rules which are compatible with the World Trade Organization (WTO), although this remains elusive.
Diese Geschichte stammt aus der November 03, 2024-Ausgabe von The Sunday Guardian.
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Diese Geschichte stammt aus der November 03, 2024-Ausgabe von The Sunday Guardian.
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