China Slams EU Over Unfair Electric Vehicle Tariff Increase 🚗

China Accuses EU , of Unjustified Tariff Hike , on Electric Vehicles.<br />'The Independent' reports that China's Commerce <br />Ministry has accused the European Union of conducting <br />an unreasonable investigation and implementing <br />an unjustified increase in tariffs. .<br />'The Independent' reports that China's Commerce <br />Ministry has accused the European Union of conducting <br />an unreasonable investigation and implementing <br />an unjustified increase in tariffs. .<br />On June 20, ministry spokesman He Yadong accused <br />the EU of demanding an excessive amount <br />of information from Chinese automakers. .<br />The types, scope, and amount <br />of information collected by the <br />European side are unprecedented, <br />far exceeding the requirements <br />of anti-subsidy investigations, He Yadong, China's Commerce ministry <br />spokesman, via 'The Independent' .<br />According to He, this information included details on <br />everything from manufacturing to product formulas <br />from Chinese electric car and battery producers.<br />After Chinese companies <br />did their best to cooperate <br />with the investigation and <br />provided information, .., He Yadong, China's Commerce ministry <br />spokesman, via 'The Independent' .<br />... the European Commission still <br />unreasonably accused Chinese <br />companies of not fully cooperating <br />and imposed punitive high tax rates, He Yadong, China's Commerce ministry <br />spokesman, via 'The Independent' .<br />He added that Chinese companies involved <br />with the investigation were left <br />feeling "shocked and disappointed.".<br />The spokesman went on to state that any <br />additional measures or provisional increases <br />in tariffs lack a "factual and legal basis.".<br />'The Independent' reports that the EU plans <br />to impose new provisional tariffs between 17.4% <br />and 38.1% on Chinese EVs starting on July 4. .<br />Those tariffs would apply to all <br />foreign brands of electric vehicles <br />exported to the EU, including Tesla. .<br />The EU has stated that it wants to discuss <br />its investigation with authorities in China <br />and seek a way to resolve any issues.