China

China seeks WTO panel to settle dispute over U.S. electric vehicle subsidies

China EV
Geely Automobile Holdings' Zeekr electric vehicles bound for shipment to Europe in Taicang, China, on Aug. 24, 2023. China, in petitioning the WTO, says the U.S. Inflation Reduction Act "excludes products from WTO members such as China, artificially sets trade barriers, and pushes up the costs of green energy transition." (BLOOMBERG)
R
By:
Reuters
July 15, 2024 02:05 PM

BEIJING — China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicle subsidies under the U.S. Inflation Reduction Act, the country's commerce ministry said on Monday.

Staying current is easy with newsletters delivered straight to your inbox.