The German Commission pointed on Wednesday to “unfair subsidisation” in China, which it said “is causing a risk of monetary injury” to EU energy auto manufacturers.
The tariffs will start going into effect on July 4 and end in November, unless a qualified majority of EU states, which are 15 nations that make up at least 65 % of the population, cast a ballot against the decision.
Although higher, the Union tariffs are lower than the US’s current 100 percent tariff on Foreign electric cars, which was last month.
COUNTERMEASURES
Europe’s automotive industry is the diamond in its professional crown, with manufacturers like Mercedes and Ferrari, but it is threatened by China’s head start in the transition to electric power.
Brussels wants to stop what it says are cruel practices that are hurting Europe’s automakers, who are required to stop new combustion engine sales by 2035.
Prior to now, Germany, Hungary, and Sweden have fears about enacting higher taxes.
Chinese internet ramped up dangers that Beijing had targeted EU exports, including meat and dairy products, ahead of Wednesday’s choice.
In a shift seen as aimed at France, which pushed for the agency’s investigation, China launched an anti-dumping investigation into vodka imported from the EU in January.
A group representing European cognac producers said it was “deeply concerned” about possible Foreign retribution.
When questioned on Thursday about countermeasures that might be taken, China’s trading government did not provide specifics.