Overview

• 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.