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    Home » Business » Sanchez to the EU: let’s rethink tariffs on Chinese electric cars

    Sanchez to the EU: let’s rethink tariffs on Chinese electric cars

    Spanish leader visiting China fears retaliation from Beijing

    Redazione</a> <a class="social twitter" href="https://twitter.com/eunewsit" target="_blank">eunewsit</a> by Redazione eunewsit
    12 September 2024
    in Business, World politics
    Spain's Prime Minister Pedro Sanchez delivers a speech to announce that Spain will recognise Palestine as a state on May 28, at the Congress of Deputies in Madrid on May 22, 2024. "Next Tuesday, May 28, Spain's cabinet will approve the recognition of the Palestinian state," he said, adding that his Israeli counterpart Benjamin Netanyahu was putting the two state solution in "danger" with his policy of "pain and destruction" in the Gaza Strip. (Photo by Thomas COEX / AFP)

    Spain's Prime Minister Pedro Sanchez delivers a speech to announce that Spain will recognise Palestine as a state on May 28, at the Congress of Deputies in Madrid on May 22, 2024. "Next Tuesday, May 28, Spain's cabinet will approve the recognition of the Palestinian state," he said, adding that his Israeli counterpart Benjamin Netanyahu was putting the two state solution in "danger" with his policy of "pain and destruction" in the Gaza Strip. (Photo by Thomas COEX / AFP)

    Brussels – The European Union should “reconsider” tariffs on Chinese electric vehicles, said Spanish government President Pedro Sánchez yesterday (Sept. 11) during his visit to China. “We do not need a new war, in this case, a trade war,” he said.

    The Commission is expected to impose tariffs by the end of October after announcing them in late August.

    The Spanish fear seems to be retaliation from China, as, in the past months, Beijing initiated several anti-dumping and anti-subsidy investigations on European products, including pork, of which Spain is the EU’s largest exporter.

    By the end of October, member states will be asked to vote on approving tariffs on Chinese electric vehicles, which could be blocked if a qualified majority votes against it.

    In early July, 11 countries approved provisional rates, while four voted against, and nine abstained.

    In the meantime, the Beijing government announced that a representative will meet the European Commission in Brussels on Sept. 19 on this issue.

    English version by the Translation Service of Withub
    Tags: cinadutieselectric carssanchezspain

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