“Both parties agreed to engage on the basis of facts and in full compliance with WTO rules,” he added. “The European side has stressed that any negotiated outcome of its investigation must be effective in tackling harmful subsidies. » The two sides “will continue to engage at all levels in the coming weeks.”
The EU and China are engaged in an escalating trade war, with the EU announcing tariffs on Chinese electric vehicles earlier this month and Beijing launching an anti-dumping investigation into European pork products.
German Vice Chancellor Robert Habeck is currently in China – his first visit to the country since his term in office – where he said the EU’s proposed tariffs on electric vehicle imports from China are “not a punishment”, but compensation for the advantages granted by Beijing to the Chinese. businesses.
“It is important to understand that these are not punitive tariffs,” Habeck said, comparing the EU measures to those implemented by countries like the United States, Brazil and the Turkey, according to a Reuters report. Habeck said that for nine months the European Commission had examined in detail whether Chinese companies had benefited unfairly from subsidies.
Politico
