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Market
Will China impose retaliatory tariffs on U.S. EVs by March 31, 2025 in response to subsidies dispute?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Chinese Ministry of Commerce or other government sources
Story
China Requests WTO Expert Panel on U.S. EV Subsidies Dispute Over Inflation Reduction Act
Jul 15, 2024, 09:23 AM
China's government is seeking to address its ongoing trade conflict with the West over electric vehicles (EVs) by requesting the World Trade Organization (WTO) to establish an expert panel. The Chinese Ministry of Commerce (MOFCOM) announced that this move aims to protect the interests of its EV industry in response to the U.S. Inflation Reduction Act, which includes subsidies for electric vehicles. This development marks a significant step in the trade dispute between China and the United States, highlighting the escalating tensions over EV market competition and NEV subsidy.
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Similar markets
Yes • 50%
No • 50%
Retaliatory tariffs on Canadian goods • 25%
Diplomatic negotiations • 25%
No significant action • 25%
Other measures • 25%
Increase import tariffs on EU goods • 25%
File a dispute with WTO • 25%
Negotiate with the EU • 25%
No significant response • 25%
