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BREAKING
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

China rejects EU's tariffs imposition on EVs, files complaint at WTO

  • By Al Mayadeen English
  • Source: News Websites
  • 30 Oct 2024 11:45
2 Min Read

China has issued a statement denouncing the European Union's imposition of higher tariffs on EVs, calling it a protectionist measure that obstructs fair competition.

  • x
  • Visitors look at a Geely Galaxy E8 car during the Auto China 2024 in Beijing, Sunday, April 28, 2024. (AP)
    Visitors look at a Geely Galaxy E8 car during the Auto China 2024 in Beijing, on April 28, 2024. (AP)

China has rejected the European Union's decision to impose significant tariffs on Chinese electric vehicles and has lodged a complaint with the World Trade Organization (WTO), according to the Chinese Ministry of Commerce on Wednesday.

On Tuesday night, the EU announced the implementation of extra duties on electric vehicles from China, which can reach as high as 35.3%, effective immediately.

"China does not recognize or accept this decision and has filed a complaint with the WTO," the ministry stated, stressing that the EU's anti-subsidy investigation into Chinese electric cars reflects a protectionist stance that constitutes "unfair competition" while masquerading as a commitment to "fair competition."

"China will continue to take all necessary measures to protect the rights and interests of its companies," it added.

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On October 11, China implemented temporary anti-dumping measures on EU imports of brandy, which could significantly impact EU producers. In response, the EU Commission has pledged to contest China's decision at the WTO.

Industry reactions

German automakers, including Mercedes-Benz, BMW, and Volkswagen, have criticized the EU's decision to impose higher tariffs.

Mercedes-Benz called the tariffs a "mistake" with potentially severe consequences, urging the EU to delay the implementation and continue negotiations with China. BMW labeled the move a "fatal sign" for Europe's auto industry, while Volkswagen said the tariffs were the wrong strategy, advocating for a negotiated solution to avoid a trade conflict.

Volvo Cars, owned by China's Geely Holdings, reaffirmed its commitment to building cars where they are sold and investing in Europe. Stellantis highlighted the pressures from CO2 reduction plans and Chinese competition, stressing the need for policies that support demand and ensure stability.

At the time of reporting, European auto stocks were up 1.72%.

Read more: China warns of WTO lawsuit amid EU's electric car import restrictions

  • World Trade Organization
  • Europe
  • electric vehicles
  • China
  • WTO
  • European Union

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