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EU’s new protectionist move set to ‘impede its green development’

2024-08-19 09:33:36       source:Global Times

August 18, 2024


The EU continues to take protectionist actions against Chinese products, with biodiesel becoming the latest Chinese product targeted by the bloc in a move that will further escalate tension between China and the EU amid the dispute over the EU's additional tariffs against Chinese electric vehicles (EVs).

The EU's protectionist actions will not protect the bloc's businesses from normal market competition, but instead will undermine the competitiveness of EU industries and slow the bloc's transition toward green development, the experts noted.  

In the latest example of the EU's growing protectionism against China, the bloc imposed provisional anti-dumping tariffs of between 12.8 percent and 36.4 percent on Chinese biodiesel starting on Friday, according to media reports. 


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