By South China Morning Post | Created at 2024-09-29 07:42:58 | Updated at 2024-09-30 05:21:07
22 hours ago
The European Union is planning to vote on Friday about whether to impose tariffs as high as 45 per cent on imported electric vehicles made in China, according to people familiar with the matter.
Member states have received a draft of the regulation for the proposed measures, the people said. The vote among the bloc’s member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.
Talks between the two sides can continue even if member states adopt the tariffs, Bloomberg previously reported. The new date could still change, said the people, who spoke on the condition of anonymity.
The vote comes after a probe by the European Commission, the EU’s executive arm, found that China unfairly subsidises its EV industry and that tariffs are needed so that European manufacturers are not at a disadvantage.
China denies any unfair activity on its part, and has threatened retaliatory tariffs on European products such as dairy, brandy and pork, as well as cars with large engines.
