Commission launches investigation on subsidised electric cars from China
In these special circumstances, since sufficient evidence of subsidisation, threat of injury and a causal link required for the initiation of an anti-subsidy proceeding exist, after informing the Member States, the Commission hereby initiates ex-officio an investigation pursuant to Article 10 (8) of the basic Regulation.
The investigation will determine whether the product under investigation originating in the country concerned is being subsidised and whether the subsidised imports cause injury to the Union industry.
If the conclusions are affirmative, the investigation will examine whether the imposition of measures would not be against the Union interest. –Document 52023XC00160
Resolves YES only if the investigation confirms and measures are considered.
Potential measures themselves are not relevant. See /HenriThunberg/will-the-eu-impose-punitive-tariffs for that.
The document was published October 4 and says "The investigation shall normally be concluded within 12 months and, in any event, no later than 13 months from the date of the publication of this Notice."
1,000
3.00https://fortune.com/2024/03/07/eu-nears-hitting-chinese-evs-with-additional-tariffs/ is this sufficient to resolve this market?
@bohaska Thanks for the link!
The investigation has not concluded yet, so the "investigation confirms" part is not fulfilled yet. In theory, they could still change their mind and accept China's argument that "it was legitimate demand".
China apparently retaliated with an investigation on liquors. I don't know how to phrase a market about that investigation though.