Minimum prices for e-cars: EU and China in the trade dispute!
Minimum prices for e-cars: EU and China in the trade dispute!
The trade relationships between the EU and China are currently in the area of tension between tariffs and negotiations. A central topic is the introduction of minimum prices for electric vehicles produced in China. This regulation could occur instead of the compensation tariffs introduced last year. A spokesman for the EU Commission confirmed that Chinese Minister of Commerce Wang Wentao discussed this topic in discussions with the EU trade commissioner Maros Sefcovic. These discussions are part of a broader strategy that aims to stabilize the trade relationships between the two business powers and to promote fair market practices.
The EU had increased the tariffs to Chinese electric cars to up to 45.3 percent in October 2024. These tariffs include regular import duties of 10 percent and additional tariffs for specific manufacturers: 17.0 percent for BYD, 18.8 percent for Geely and 35.3 percent for Saic. A comparison now stipulates that leading e-car manufacturers from China invest in Europe and provide technology transfer. In return, the EU would cancel the tariffs in favor of a minimum price system. Chinese carmakers have the advantage that they could keep the difference between the original dumping price and the agreed minimum price themselves without having to pay tariffs.
compensation tariffs and their effects
The European Commission has completed the anti -subscription investigation into battery -operated electric vehicles (BEV) from China and introduced final compensation tariffs. These will apply for a period of five years and were necessary because the examination showed that the value chain for BEVS in China benefits from unfair subsidies. Commercial commissioner Valdis Dombrovskis emphasized the importance of fair competition and fair market practices. The final tariffs are:
- BYD: 17.0 %
- Geely: 18.8 %
- Saic: 35.3 %
- cooperating companies: 20.7 %
- Tesla (on request): 7.8 %
- non -cooperating companies: 35.3 %
These measures are intended to prevent companies from being disadvantaged due to unfair competitive conditions. The EU Commission also plans to continuously monitor the effectiveness of these measures to prevent circumvention.
reactions and trade conflicts
However, the political tensions increase. China has already reacted to the EU tariffs by imposing punitive tariffs on French cognac, which affects sales in an important market. In addition, European car manufacturers are exposed to the risk of further reprisals from China if no agreement can be reached. The EU threatens Chinese car manufacturers with further penalty tariffs if they do not give in in the negotiations.
At the same time, China performs its own investigations into European products, including Spanish pork. Spain is the largest supplier from pork to China among the EU countries. The resulting trade conflict could continue to worsen in terms of both the EU and China. The sustainability and competitiveness of both businesses are on the brink, while negotiations on minimum prices for electric vehicles are continued.The current developments show the complexity of international trade and the constant struggle for fair conditions. It remains to be seen whether the negotiations will lead to a more stable trading environment.
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| Ort | Brüssel, Belgien |
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