(Source: "Global Times" 2024-07-17)

Starting from the 5th of this month, the European Commission began to impose temporary countervailing duties on electric vehicles imported from China. According to multiple foreign media reports, the EU requires its 27 member states to state their stance on the move before the 16th. Italy and Spain agreed, while Germany, Austria, Sweden and other countries chose to abstain. Previously, France expressed support and Hungary opposed it. Experts interviewed by a reporter from the Global Times on the 16th said that the positions of EU countries have not changed much, and the challenge of preventing the EU from formally implementing additional tariffs is not small.

According to a report by French Broadcasting Corporation on the 15th, the European Commission is seeking the opinions of EU governments on imposing tariffs on Chinese electric vehicles in the form of an "advisory" vote. The 27 EU member states must state their position on this matter before midnight local time on the 15th. Although the vote is non-binding, the current position papers of each member state may influence the European Commission's final conclusion.

The European Commission previously stated that it will impose temporary countervailing duties on electric vehicles imported from China starting from the 5th of this month for a maximum period of 4 months. Within these four months, the additional tariffs must be voted by EU member states and a final decision made. If the additional tariffs are finally passed, the new tax rates will be applicable for five years. If a majority of 15 or more member states, whose populations account for 65% of the EU's total population, vote against it in the final vote, the EU will not be able to implement this controversial measure.

Regarding the result of this voting intention, Cui Hongjian, a professor at Beijing Foreign Studies University’s Institute for Advanced Studies in Regional and Global Governance, told the Global Times reporter that this reflects the huge differences within the EU on the imposition of countervailing duties and the difficulty in reaching a consensus.

France Broadcasting Corporation quoted government sources as saying that Italy, Spain and France support the EU's imposition of tariffs on the import of Chinese-made electric vehicles. The Polish Ministry of Development previously stated that the country's position still needs to be negotiated by various ministries; Greece has not stated its position until the 13th. Reuters quoted a spokesman for the German Ministry of Economy on the 15th as saying: "Germany participated in the discussions during the consultations, but has not yet made a decision, because from the perspective of the German federal government, it is crucial now to seek a quick and consistent solution with China." Reuters believes that this actually shows that Germany abstained from the vote.

Although the results of this vote will not be made public, many foreign media believe that Hungary will continue to maintain its stance against imposing additional tariffs on Chinese electric vehicles. According to Politico Europe, Hungarian Economy Minister Nagy Marton recently stated at an informal meeting of the EU Internal Market and Industry Ministers that Hungary opposes these tariffs and "protectionism is not the solution."

There are considerable differences within the EU on whether to impose temporary countervailing duties on Chinese electric vehicles. Many countries are worried that this will have a negative impact on bilateral w88. Austria said: "The dialogue between China and the European Commission must continue, and solutions must be focused to ensure fair competition and prevent the spiral of protectionism." Austrian Federal Minister of Labor and Economics Koch bluntly stated that Austria, as an export-oriented country, will suffer heavy losses if it suffers relevant "retaliation."

According to the Spanish EFE news agency, in response to the EU's imposition of tariffs on Chinese electric vehicles, Janusz Wojciechowski, the European Commission member responsible for agricultural affairs, called on the 15th to prevent agricultural and food w88 from becoming "a victim of problems in other sectors." Wojciechowski said that the Chinese Ministry of Commerce's anti-dumping investigation into related pork and pork by-products imported from the EU is "worthy of concern" and emphasized that "open w88" is crucial to food security.

Although Spain agreed to impose temporary countervailing duties, as a major exporter of pork products to the EU, the country’s Minister of Agriculture, Fisheries and Food Planas expressed concerns about China’s anti-dumping investigation of pork into the EU. He said that "from a business perspective, this issue is related to the temporary tariffs on electric vehicles" and that he hopes to "find a constructive solution to eliminate the possibility of imposing tariffs on pork."

Zhao Yongsheng, a researcher at the National Institute for Opening-up at the w88 casino, told a reporter from the Global Times on the 16th that according to the voting results reported by the media, the positions of various countries have not changed much from before. He predicted that at present, it will be quite a challenge to prevent the EU from formally implementing additional tariffs in four months. On the one hand, China and the EU need to continue dialogue; on the other hand, Chinese electric vehicle companies should also be prepared to increase lobbying efforts while looking for other potential markets.

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