Current location:Culture Craft news portal > opinions
Interview: U.S. discriminatory subsidies disrupt NEV supply chain: expert
Culture Craft news portal2024-05-08 12:34:07【opinions】6People have gathered around
Introduction(Xinhua) 10:56, March 28, 2024BEIJING, March 28 (Xinhua) -- The United States' subsidies for new ene
BEIJING, March 28 (Xinhua) -- The United States' subsidies for new energy vehicles (NEVs) are discriminatory and will seriously disrupt the global supply chain, a trade expert has told Xinhua.
Tu Xinquan, head of the China Institute for WTO Studies of the University of International Business and Economics, made the remarks in an interview on the subsidies under the U.S. Inflation Reduction Act. China has initiated dispute settlement proceedings on the matter at the World Trade Organization (WTO).
Elaborating on why the measures are discriminatory, Tu said that for carmakers to obtain the related tax credits, their production must take place in North America, and a certain proportion of key minerals in power batteries must come from the United States or countries that have signed free trade agreements with it.
In particular, if the key minerals come from several specific countries, including China, the production will not be able to benefit from the subsidies, Tu added.
The seasoned trade expert believes the U.S. measures are not designed to promote the green transition, as the country claims, but to block vehicles from other countries, especially China, from entering the U.S. market.
Such subsidies violate the national treatment principle of the WTO, Tu said.
It is not only Chinese companies that bear the brunt, but also those from the Europe, Japan, the Republic of Korea and even the United States itself. Tu said the number of pure and plug-in electric vehicle models eligible for the subsidies will drop from 25 in 2023 to 13.
"The U.S. government has repeatedly claimed that it has no intention of decoupling from China, but only wants de-risking. However, the discriminatory policies explicitly aimed at China in the U.S. Inflation Reduction Act obviously violate its public commitment and will increase the risk of failure on climate change response, not only for the United States but the globe at large," Tu said.
The United States should correct the discriminatory policies from the perspective of the common interests of the global response to climate change, compliance with the WTO rules, and the stability of China-U.S. relations, Tu said.
Address of this article:http://france.downmusic.org/html-18a599900.html
Very good!(57141)
Related articles
- Arrested US soldier awaiting hearing in Russia on theft charges
- Fury as police barricade entrance to right
- The Sky added plenty of star power in the WNBA draft with Kamilla Cardoso and Angel Reese
- It hasn't taken Jude Bellingham long to realize how big a problem racism is in Spanish soccer
- Minnesota ethics panel to consider how to deal with senator charged with burglary
- Laos and Cambodia see rise in traffic deaths over New Years weekend — Radio Free Asia
- Ukraine prime minister calls for more investment in war
- Family faces £8,000
- Joe Burrow is throwing again as the Bengals' franchise QB rehabs his surgically repaired wrist
- West Virginia transgender sports ban discriminates against teen athlete, appeals court says
Popular articles
Recommended
Georgia governor signs budget boosting spending, looking to surplus billions to cut taxes in future
Georgian police fire tear gas to break up protest against so
Analysis: Kyle Larson settling in quickly as preparation continues for Indianapolis 500 debut
Gordon Ramsay serves papers to masked pub squatters who trashed TV chef's £13million London boozer
Why going to the gym could help to stop your voice from ageing
The Biden administration recruits 15 states to help enforce airline consumer laws
Keith McNally strikes again! Razor
Woman pleads guilty for role in 4 slayings stemming from custody dispute, sentenced to life
Links
- Xi Meets UNESCO Chief
- 2022 World Internet Conference Wuzhen Summit sees record participants
- Xi Congratulates Muizzu on Election as Maldives President
- Expos back in business across nation
- Models of China's space station and lunar rover Yutu displayed in Vienna
- China's internet sector R&D spending logs robust growth in Jan.
- China prepares to launch Shenzhou
- Surgeon performs simulated breast cancer surgery on a balloon
- Semiconductor industry to overcome challenges
- China sets up expert advisory committee for lunar samples