Overview

• China has urged the EU not to engage in separate price negotiations with individual Chinese automakers, warning it could undermine ongoing tariff discussions.
• Eight rounds of negotiations between China and the EU have failed to resolve significant disagreements over the proposed EU tariffs on Chinese electric vehicles.
• The EU plans to impose tariffs up to 45% on Chinese EVs, citing unfair subsidies by Beijing, while China denies these claims and threatens retaliatory tariffs on European goods.
• China proposed a minimum price for its EVs exported to Europe to avoid tariffs, but the EU rejected this suggestion, escalating tensions further.
• European Council President Charles Michel expressed hope for a resolution soon, emphasizing the need for fair competition and balanced economic relationships.