USTR’s Katherine Tai said the European Union’s decision to impose tariffs “demonstrates the need to confront China’s non-market policies and practices.”
U.S. Trade Representative Katherine Tai said on Monday issued an official statement This is to express support for the European Union’s recent decision to impose anti-subsidy trade tariffs on electric vehicle imports from China.
majority of EU member states Vote on October 4th Imposing tariffs on battery electric vehicles from China. This vote was taken after an investigation by the European Commission Found Chinese-made cars benefit from “unfair subsidies” and pose an economic threat to European automakers.
The EU’s decision is another step in coordinating a global response to China’s continued unfair trade practices. On September 13, the United States finalized increased tariffs on many Chinese imports, including a 100% tariff on Chinese-made electric vehicles. Canada also announced in late August that it would impose 100% tariffs on Chinese EVs.
In a statement, Tai noted that the EU’s decision to impose trade tariffs is a step forward in combating trade misconduct by the People’s Republic of China. Her full statement is below:
“I welcome the European Union’s decision on Friday to impose anti-subsidy duties on imports of battery electric vehicles from China. This is an important first step to protect the interests of European industry and its workers. We know that more needs to be done to support collective economic security and market-oriented industries and workers. We look forward to continuing to engage with the European Union and other market economy countries on these important issues to promote prosperity.”
As we warned in our Collision Course report earlier this year, the introduction of artificially cheap cars from China Could be an ‘extinction-level event’ for the US auto industry. What supports Chinese automobiles is Huge subsidies from the Chinese government and profit from a number of unfair labor practices, including: Suspicion of forced labor.
Now China is flooding the world market with these cars. Tariffs on Chinese-made cars have largely prevented them from landing in the United States; overwhelming other nation all over the world, including Europe.
Of course, it’s not just automobiles that will be affected by China’s continued industrial overcapacity. As USTR noted on Tuesday, the United States and the E.U. Working together to fight China’s unfair trade practices It is also available in many other sectors such as steel, aluminum, and aircraft.