神马文学网EU, U.S. Seek WTO Talks on China Tariffs: Financial News
来源：百度文库 编辑：神马文学网 时间：2024/04/17 00:51:23
EU, U.S. Seek WTO Talks on China Tariffs
Thursday March 30, 8:56 am ET
EU, U.S. Call for WTO Talks on Chinese Tariffs for Car Parts
BRUSSELS, Belgium (AP) -- The European Union and the United States called on China Thursday to start talks at the World Trade Organization on the tariffs it charges on imported auto parts, which EU carmakers claim unfairly blocks them from selling in China.
The EU said China could be breaking trade rules by applying the same tariff for finished cars to the import of spare parts that make up 60 percent or more of the value of the final vehicle.
Beijing has 10 days to respond and 30 days to start talks. If the issue can‘t be solved within 60 days, all three countries can ask a WTO panel to hear and rule on the dispute.
The European Commission said China has not yet provided "sufficient reassurance" that it will deal with the problem.
"Consultations will allow us to clarify the legal issues and find a mutually satisfactory solution. It remains my strong preference and intention to seek an amicable solution to this issue," EU Trade Commissioner Peter Mandelson said.
The EU said the U.S. would also seek talks with China on the issue Thursday.
It said carmakers have to source 40 percent of the spare parts by value in China to avoid the tax.
"The EU believes it may constitute an internal tax on imported goods," it said. "This can be problematic for EU producers in China who are not able to import parts from their own factories in Europe without unfair tariffs."
China claims the tariffs are intended to stop whole cars being imported in large chunks to avoid higher tariff rates for finished cars. The EU said China promised not to treat parts as whole cars when it joined the WTO.
European carmakers have between 20 percent and 25 percent of the car production market in China.
Thursday March 30, 8:56 am ET
EU, U.S. Call for WTO Talks on Chinese Tariffs for Car Parts
BRUSSELS, Belgium (AP) -- The European Union and the United States called on China Thursday to start talks at the World Trade Organization on the tariffs it charges on imported auto parts, which EU carmakers claim unfairly blocks them from selling in China.
The EU said China could be breaking trade rules by applying the same tariff for finished cars to the import of spare parts that make up 60 percent or more of the value of the final vehicle.
Beijing has 10 days to respond and 30 days to start talks. If the issue can‘t be solved within 60 days, all three countries can ask a WTO panel to hear and rule on the dispute.
The European Commission said China has not yet provided "sufficient reassurance" that it will deal with the problem.
"Consultations will allow us to clarify the legal issues and find a mutually satisfactory solution. It remains my strong preference and intention to seek an amicable solution to this issue," EU Trade Commissioner Peter Mandelson said.
The EU said the U.S. would also seek talks with China on the issue Thursday.
It said carmakers have to source 40 percent of the spare parts by value in China to avoid the tax.
"The EU believes it may constitute an internal tax on imported goods," it said. "This can be problematic for EU producers in China who are not able to import parts from their own factories in Europe without unfair tariffs."
China claims the tariffs are intended to stop whole cars being imported in large chunks to avoid higher tariff rates for finished cars. The EU said China promised not to treat parts as whole cars when it joined the WTO.
European carmakers have between 20 percent and 25 percent of the car production market in China.
EU, U.S. Seek WTO Talks on China Tariffs: Financial News
U.S., South Korea begin military exercises, as China calls for emergency talks on North Korea
Ireland, EU agree on financial rescue package
Financial Review: US, EU begin trade action against China
China: U.S. bill on yuan would hurt both coun...
Sha Zukang, China's rep at the U.N., gets drunk, but talks sense?
U.S. Commerce Department refuses to initiate investigation on China's currency allegations
EU-U.S. summit targets global challenges
Online Shopping Comparison Sites on Rise: Financial News
History of China's Tibetan Newspapers published //Research Institute on News Communication & Social
China, India to hold talks on border issues
Daily Times - China agrees to car part talks with US, EU
China‘s WTO entry recasts economic landscape
EU's top diplomat sees the real China
Senior U.S. official to visit Seoul for talks
U.S. ambushes China's backyard?
EU, Russia seek to enhance energy partnership
China cracks down on Chongqing's gangsters
China's tycoons pass on Gates' invitation
China's moon goal right on schedule
China's moon goal right on schedule
'Bench teacher' popular on China's Internet
Print Story: EU seeks vision for next 50 years on Yahoo! News
Interview: Cooperation between U.S., China essential: U.S. experts