The Association Of Chinese Car Manufacturers Protests The European Union's Anti-Subsidized Tariffs
JAKARTA - The China Car Manufacturer Association (CAAM) is "very dissatisfied" with the anti-subsidized tariff proposed by the European Union.
Previously, the producers worked together on the European Commission's investigation into China's car import subsidies.
"However, the investigation is suspected of ignoring the facts and results that have been previously selected," CAAM said in a post on China's messaging app, WeChat.
The European Union imposed a tariff of up to 37.6 percent on imports of electric vehicles made in China starting Friday, July 5, with a period of four months.
The tariff is temporary and is expected to have intensive talks between the two parties.
"CAAM deeply regrets this and considers it unacceptable," he said.
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Temporary imports between 17.4 percent and 37.6 percent without a backward date are designed to prevent what European Commission President Ursula von der Leyen has said as a threat of flooding low-cost Chinese electric vehicles made with state subsidies.