China has strongly criticized the European Union’s decision to impose tariffs on electric vehicle imports, calling them unfair and vowing to protect its EV industry. The EU’s action follows its decision to cut duties on several major electric automakers, including Tesla, leading to accusations of unfair competition from Beijing.
Results for: Trade Dispute
India and the U.S. have settled their seven-year-long poultry dispute at the World Trade Organization (WTO). The resolution is a significant diplomatic breakthrough and demonstrates the importance of bilateral diplomatic channels in resolving trade disputes. Despite longstanding differences, India and the U.S. have managed to resolve seven trade disputes in just under a year, including the poultry dispute, which was initiated by the U.S. in 2012 over India’s import restrictions on poultry products due to avian influenza. The settlement comes on the heels of Prime Minister Narendra Modi’s visit to the U.S. and India’s participation in the U.S.-led Indo-Pacific Economic Framework.