Official findings released by the European Union

China Warns EU of Retaliation, Tariffs Over Subsidy and EV Probes

May 20, 2024, 02:05 AM

China has warned of potential retaliatory measures against the European Union in response to EU investigations into Chinese subsidies and electric vehicle (EV) industries. Chinese state media, including a CCTV affiliate, indicated that China could impose tariffs on various EU products, including wine, dairy products, and aircraft. This warning comes amidst a backdrop of a decreasing trade deficit between Europe and China. The Chinese government emphasized that it has ample tools available to respond to any actions taken by the EU.