China’s diplomatic mission stated in a statement that it has started the process of bringing a trade dispute with Turkey at the World Trade Organization about the latter’s duties on imports of electric vehicles. Due to its increasing exports of electric vehicles, which several nations allege Beijing is massively subsidizing to prop up its faltering economy, China is coming under increased trade pressure from around the world.
“Turkey’s discriminatory action is protectionist in nature and violates WTO regulations. We urge Turkiye to adhere to WTO regulations and promptly rectify its actions,” the statement stated, utilizing the country’s Turkish spelling. A request for response was not immediately answered by the Turkish authorities.
Ankara put tight restrictions on the import of plug-in hybrid cars, including those from China, last month after announcing in June that it would be levying an additional 40% duty on automobile imports from that country.
In spite of this, it has been attempting in recent months to strengthen its relationships with Chinese automakers, signing an agreement with BYD earlier this year and announcing last week that it was nearing the conclusion of investment negotiations with Chery.
According to an EU executive, the EU is also moving forward with imposing significant tariffs on electric vehicles manufactured in China.
Trade disputes are officially resolved at the first stage, which is the “request for consultations” that China filed with the WTO. In an effort to defend its electric vehicle (EV) industry, China also filed a complaint with the WTO in March.
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