The corresponding announcement in the USA is expected today, May 14
Fu Bingfeng, Secretary General of the China Automobile Manufacturers Association, said that the US plans to increase tariffs on Chinese electric vehicles are «a typical example of trade protectionism».
«The United States' exaggeration of the presence excess capacity of Chinese car manufacturers on new energy sources and the alleged threats posed by them to US national security is a typical example of trade protectionism» , he said.
Fu Bingfeng considers the plans of the American authorities to limit Chinese companies' access to the US market «totally unreasonable».
Previously it became known that the administration of US President Joe Biden plans today, May 14, to announce an increase in import duties on a number of Chinese goods that run on clean energy. It is expected that the import duty on electric vehicles could soar to a record 100%.
Earlier, the head of the European Commission, Ursula von der Leyen, stated that Brussels expects Beijing to voluntarily reduce the export of subsidized products. Otherwise, the EU will be forced to take tough economic measures.