LONDON, Oct 4 (Reuters) - The European Commission said
on Friday it had received enough support in a vote of EU members
to impose tariffs of up to 45% on imports of Chinese-made
electric vehicles in the bloc's highest profile trade case,
risking retaliation from Beijing.
Here is reaction to the news:
SWEDEN'S MINISTER FOR FOREIGN TRADE BENJAMIN DOUSA:
"We have had very positive signals just recently from the
Commission that they hopefully could go ahead with individual
solutions for the auto industry and for Volvo Cars
specifically."
"Sweden's line is that the best thing would be that China
and the EU together can come to an agreement in relation to this
problem."
HUNGARIAN PRIME MINISTER VIKTOR ORBAN:
"What they are making us do right now, or what the EU wants
to do, is an economic cold war."
BMW CEO OLIVER ZIPSE:
"Today's vote is a fatal signal for the European automotive
industry. What is needed now is a quick settlement between the
EU Commission and China to prevent a trade conflict from which
no one gains."
"The fact that Germany voted against the tariffs is an
important signal and increases the chances for a negotiated
settlement."
VOLKSWAGEN:
"We stand by our position that the planned tariffs are the
wrong approach and would not improve the competitiveness of the
European automotive industry."
"We appeal to the EU Commission and the Chinese government
to constructively continue the ongoing negotiations for a
political solution."
GEELY HOLDING:
"Geely Holding expresses great disappointment in the
Commission's decision. The decision (...) is not constructive
and may potentially hinder EU-China economic and trade
relations, ultimately harming European companies and consumer
interests."
SAIC UNIT MG MOTOR FRANCE:
"Today, the European Commission is planning to excessively
tax the 100% electric vehicles offered by MG in France, thereby
slowing down the transition to more virtuous individual mobility
which the same Commission has called for by 2035."
"Faced with this situation, MG Motor France has decided not
to penalise its customers in 2024, and to maintain the list
prices of its 100% electric models, the only ones affected by
the vote on Friday October 4, without even waiting for the
result."