EU and China Enter Negotiations Over Electric Vehicle Tariffs

Talks aim to address EU's planned tariffs on Chinese EVs amid concerns over subsidies and market fairness.

EU plans to impose tariffs of up to 38.1% on Chinese electric vehicles by July 4.
China and the EU have agreed to start negotiations to resolve the tariff issue.
The EU claims Chinese subsidies distort the market and harm European firms.
China argues its EV industry's growth is driven by competition, not unfair subsidies.
German Economy Minister Robert Habeck emphasizes the need for open markets and fair competition.