Share this @internewscast.com

BEIJING — China filed a World Trade Organization complaint against the United States on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies.

The Chinese Commerce Ministry did not say what prompted the move. But under a new U.S. rule that took effect Jan. 1, electric car buyers are not eligible for tax credits of $3,750 to $7,500 if critical minerals or other battery components were made by Chinese, Russian, North Korean or Iranian companies. The credits are part of President Joe Biden’s signature climate legislation, named the 2022 Inflation Reduction Act.

A ministry statement did not mention the specific restriction. It said, though, that under the act and its implementing rules, the U.S. had formulated discriminatory subsidy policies for new energy vehicles in the name of responding to climate change. It said the U.S. move excluded Chinese products, distorted fair competition and disrupted the global supply chain for new energy vehicles.

Member countries of the Geneva-based WTO can file complaints about the trade practices of other members and seek relief through a dispute settlement process.

The real-world impact of the case is uncertain. If the United States loses and appeals the ruling, China’s case most likely would go nowhere. That is because the WTO’s Appellate Body, its supreme court, hasn’t functioned since late 2019, when the U.S. blocked the appointment of new judges to the panel.

China is the dominant player in batteries for electric vehicles and has a rapidly expanding auto industry that could challenge the world’s established carmakers as it goes global. Its strength is in electric vehicles and its companies have become leaders in battery technology.

The European Union, concerned about the potential threat to its auto industry, launched its own investigation into Chinese subsidies for electric vehicles last year.

Under the new U.S. rule, only 13 of the more than 50 EVs on sale in the U.S. were eligible for tax credits, down from about two dozen models in 2023. Automakers have been scrambling to source parts that would make their models eligible for the credits.

Share this @internewscast.com
You May Also Like
Israeli court postpones Netanyahu's corruption trial as Trump calls for case to be dropped

Netanyahu’s Corruption Trial Delayed by Israeli Court Amid Trump’s Call for Dismissal

The Jerusalem District Court consented to delay Israeli Prime Minister Benjamin Netanyahu’s…
Day care teachers mourn late 5-year-old boy who was left in hot car in Mansfield

Heartbreak for Daycare Teachers Over Tragic Death of 5-Year-Old Left in Hot Vehicle in Mansfield

The boy was the “funniest little kid” who was playful and a…
A Buddhist monk sits on the floor surrounded by police officers.

Buddhist Monk Fatally Shoots Cleric in Temple Dispute Over Toilet Door and Loud Music

A BUDDHIST monk shot a cleric at a temple after becoming furious…
Hurricane season is here, meteorologists are losing vital tool for forecasting: National Oceanic and Atmospheric Administration

As hurricane season begins, meteorologists face challenges due to the loss of crucial forecasting tools from the National Oceanic and Atmospheric Administration.

Meteorologists are losing a sophisticated tool that many say has proved invaluable…
Portrait of a smiling young man in a military uniform.

British-Israeli Soldier, 20, Dies in Gaza Explosion

A BRIT-Israeli soldier has been killed by an explosive in Gaza, reports…
Watch: Angry Chuck Todd Chews Schumer Out Over Biden Cognitive Cover-Up: ‘You’re Part of the Problem!’

Playground Politics: Chuck Schumer Resorts to Childish Moves to Postpone Vote on Major Bill

Chuck Schumer, to put it kindly, is not. However, the long-serving senator,…
Firefighter at the wreckage of a crashed Air India Boeing 787-8 Dreamliner.

Air India Investigators Examine Possible Sabotage in Crash Killing 260 After ‘Engine Power Failure’

INVESTIGATORS are probing whether the Air India crash which killed 260 people…
Westside apartment shooting leaves three people injured

Teen Wounded in Jacksonville House Party Shooting, Authorities Report

The Jacksonville Sheriff’s Office says it happened just after 9 p.m. Saturday…
D. Wayne Lukas, Hall of Fame horse trainer and winner of 15 Triple Crown races, dies at 89

Hall of Fame Horse Trainer D. Wayne Lukas, Winner of 15 Triple Crown Races, Passes Away at 89

D. Wayne Lukas, a Hall of Fame trainer renowned for his significant…
'One Big Beautiful' bill Senate vote: NC Senator Thom Tillis won't seek reelection after vote against Donald Trump's spending bill

Senator Thom Tillis Decides Against Reelection Following Vote on Trump’s Signature Spending Bill

RALEIGH, N.C. — North Carolina Senator Thom Tillis announced Sunday afternoon that…
Pride festivities happen in NYC, Chicago and more to round off June

Pride celebrations in NYC, Chicago, and more conclude June

Chicago, Seattle, Minneapolis, San Francisco and Toronto, Canada are among the other…
Keir Starmer, Britain's Prime Minister, speaking to the media.

Keir Starmer Confesses to Changes in Benefits Policy, Blames His Own Distraction by Middle East and NATO

SIR KEIR Starmer accepts the humiliating u-turn on benefits was his fault…