The European Union announced Wednesday an increase in customs duties on imports of Chinese electric cars to about 38 percent, up from 10 percent currently. The European Commission explained in a statement that these initial tariffs have been notified to the various companies concerned and the Chinese authorities, and that these initial tariffs will begin to be applied as of July 4, provided that an agreement is reached with China regarding providing support to local car manufacturers, which Europe considers illegal support. China for its part expressed his regret over the European decision, saying that it contradicts the principles of the market economy and the rules of international trade, and that it undermines economic and trade cooperation between China and the European Union (EU). Source: Qatar News Agency
Related Articles
Qatar Tourism Conducts a Field Visit to Barcelona Port for Exchange of Experiences, International Best Practices
Doha: A Qatari delegation, comprising of representatives from Qatar Tourism, the Permanent Committee for the Management of Maritime Ports, Mwani, and the General Authority of Customs, recently conducted an official field visit to the tourist port of B…
Al-Sudani: Iraq depends on oil as the only source to cover its expenses, which have begun to increase, and it is necessary to think about activating sectors that support it
Prime Minister Mohammed Shia al-Sudani stressed that Iraq relies on oil as the only source to cover its expenses, which have begun to increase.
The Prime Minister said during his participation in a dialogue seminar on the development path and availab…
Crude oil production in divided zone resumes
The Joint Al-Khafji Joint Operations declared on Thursday resumption of crude oil production in the divided zone between Kuwait and Saudi Arabia.
The operations administration said on its official account on X website that the output resumption bega…