Global Times reports that German auto giant Mercedes-Benz proclaimed “it considers the European Commission (EC)'s tariffs on Chinese electric vehicles ‘a mistake that can lead to far-reaching negative consequences,’ and calls for the postponement of the enforcement of the tariff measures, following a crucial EU vote on the EV issue.” The Chinese government has called on the EU Commission to postpone and reconsider the tariffs.
“The automaker said in a statement sent to the Global Times on Saturday [Oct. 5] that it supports a liberal trade regulation based on WTO rules. It called for the postponement of the tariffs, as it believes a solution can be reached through dialogue and negotiation, which takes time….
“The EU held a vote on whether to impose a five-year countervailing duty on Chinese EVs on Friday local time. A statement released by the EC showed that the commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles from China has received the necessary support from EU Member States for the adoption of tariffs.”
