Bari, Italy, June 14 (EFE).– The United States is pushing for a united G7 response to China’s extensive subsidies for clean energy products, such as electric vehicles and solar panels.
Washington claims these subsidies aim to flood the global market and eliminate competition with low prices.
A senior US official indicated that the final communiqué of the summit, to be released on Friday, will address this issue. Actions will follow, taken individually by each G7 member country, the official added without providing further details.
The European Commission (EC) announced plans this week to impose tariffs up to 38.1 percent on imported electric vehicles from China, arguing that Chinese battery subsidies harm European producers.
A month earlier, the US had increased tariffs on several Chinese clean energy products, including electric vehicles, from 25 percent to 100 percent.
Beijing has defended its subsidies as “reasonable” and urged the EC and the US to reconsider their positions.
The G7 summit, hosted in Bari, includes leaders from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union.
On Thursday, the discussions centered on Ukraine, with the G7 agreeing to grant Kyiv a $50 billion loan, funded by interest from frozen Russian central bank assets in the EU, particularly in Belgium.
Friday’s sessions will focus on migration, competition with China, artificial intelligence, and cooperation with Africa — a priority for Italy’s far-right Prime Minister Giorgia Meloni. EFE
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