Overview

• China and the EU have resumed negotiations on electric vehicle pricing to address disputes over subsidies that led to increased EU tariffs on Chinese EVs last year.
• Commerce Minister Wang Wentao and EU Trade Commissioner Maros Sefcovic held a video call to discuss trade relief and deepen economic cooperation.
• Both sides emphasized the importance of safeguarding the multilateral trading system and promoting trade liberalization to stabilize global markets.
• The talks occur as the US escalates trade tensions, including new tariffs on Chinese goods and threats of further increases.
• China is also engaging ASEAN to strengthen ties with its major trading partners and mitigate the impact of US trade actions.