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International Business Times
International Business Times
Business
Peter Catterall with Raziye Akkoc in Brussels

Beijing Files WTO Complaint Over EU's New Taxes On Chinese EVs

Extra duties on imports of electric vehicles from China are due to enter into force on Thursday (Credit: AFP)

Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars.

The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers, but the move has faced opposition from Germany and Hungary, which fear provoking Beijing's ire and setting off a bitter trade war.

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