GPS News
CAR TECH
'Significant gaps' remain between China, EU over EV duties
'Significant gaps' remain between China, EU over EV duties
by AFP Staff Writers
Brussels, Belgium (AFP) Oct 25, 2024

The EU said Friday there were "significant remaining gaps" in negotiations seeking to avoid hefty tariffs on Chinese-made electric cars due to take effect next week but added that talks would continue.

Brussels plans to slap extra duties of up to 35.3 percent on top of the current 10 percent on imports of Chinese-made electric vehicles, which are due to come into effect for five years on October 31.

EU trade chief Valdis Dombrovskis spoke Friday to Chinese commerce minister Wang Wentao in a video call during which they "took stock of the progress made during the eight technical negotiating rounds, as well as significant remaining gaps", said the bloc's trade spokesperson, Olof Gill.

They "agreed "further technical negotiations would take place shortly", Gill added.

China's commerce ministry warned EU negotiators this month against unilaterally setting prices with companies outside of its talks with Beijing.

But the European Commission, in charge of EU trade policy, insisted it had the right under World Trade Organization (WTO) rules to offer price undertakings -- which set minimum import prices for exporters to offset subsidies -- to different companies.

"Therefore (the) commission's negotiations with CCCME do not exclude discussions with individual exporters," Gill said, referring to the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.

China wants the EU to reach a broad agreement with the CCCME, a Chinese umbrella group.

The European Union's duties have sparked fears of a trade war between Beijing and Brussels, and in what appeared to be a tit-for-tat move, China this month announced provisional tariffs on EU-made brandy.

Beijing has also launched a probe into EU subsidies of some dairy and pork products imported into China, which Brussels has described as "unsubstantiated".

Dombrovskis "raised concerns" to Wang about China's moves, Gill said in a statement.

Brussels has said it will challenge the brandy tariffs at the WTO and will explore what kind of support it can provide to European brandy makers.

Related Links
Car Technology at SpaceMart.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CAR TECH
Strong auto prices lift GM results as it eyes China revamp
New York (AFP) Oct 22, 2024
General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was hopeful about returning to profitability in China and reiterated a flexible approach to EV investment. The big US automaker lifted some of its full-year profit projections as it reported better-than-expected third-quarter results, boosting shares. "I'm proud that GM is delivering our best vehicles ever with strong financial results. But I want to be clear that we are not mistaking progress for winn ... read more

CAR TECH
Palestinian seeds join Arctic 'doomsday vault'

Drones offer efficient monitoring of maize re-growth

German sheep farmers feel abandoned in bluetongue crisis

Water crisis threatening world food production: report

CAR TECH
SCALE Nanotech reveals advanced GMOD technology for drones, avionics, and space

Taiwan's TSMC stops shipments to client after chips sent to Huawei

Taiwan's TSMC stops shipments to client after chips sent to Huawei

SKhynix posts record quarterly profit on strong AI demand

CAR TECH
German flying taxi startup to file for bankruptcy

Hydrogen aviation has to be done properly or not at all

US regulator finalizes air taxi rules

Navy identifies 2 female pilots killed in fighter jet crash in Washington state

CAR TECH
Mercedes reports profit plunge on China woes

Waymo ramps up robotaxi push with $5.6 bn in funding

'Significant gaps' remain between China, EU over EV duties

Indonesia bets on SE Asia's first battery plant to become EV hub

CAR TECH
Panama Canal earns record revenue despite drought

Cali's love motels adapt to host UN summit delegates

China to hold key meeting next month as markets await stimulus details

China sees little relief from trade tensions as US goes to the polls

CAR TECH
Adaptability of trees endures through millions of years of climate shifts

EU states approve one-year delay of deforestation rules

Colombia grants Indigenous groups new environmental authority

Indonesia biomass drive threatens key forests and orangutans

CAR TECH
Planet Lab launches analysis-ready PlanetScope for time-series and machine learning applications

Future of Copernicus Sentinel Expansion missions secured

NASA's C-130 aircraft en route to india in support of NISAR mission

The View from Space Keeps Getting Better

CAR TECH
New Technique Enables Mass Production of Metal Nanowires

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.