Xinhua Commentary: EU's best-laid plan for economic boom is teaming with China


  • World
  • Thursday, 13 Jun 2024

BEIJING, June 12 (Xinhua) -- Despite China's repeated and earnest calls for resolving trade friction through dialogue, the European Commission unveiled on Wednesday its plan to levy provisional additional tariffs of up to 38.1 percent on Chinese-made electric vehicles (EVs), a move that is almost certain to undercut the momentum of bilateral economic cooperation.

Although the EU spent several months mulling over the tariff issue and delayed the announcement for several days, the decision is still far from being wise, given the crucial nature of China-EU relations and their extensive economic and trade collaborations.

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