EU and China Intensify Talks to Resolve Electric Vehicle Tariff Dispute
Both sides commit to finding a mutually agreeable solution to avoid steep import tariffs on Chinese electric vehicles.
- Chinese Commerce Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis held extensive discussions in Brussels.
- The EU is considering import tariffs of up to 35.3% on Chinese electric vehicles, in addition to the standard 10% duty.
- China has proposed a price commitment solution, which the EU has agreed to re-examine despite previously rejecting it.
- The EU's anti-subsidy investigation is based on facts, aiming to ensure fair competition and a level playing field.
- Both sides expressed political will to resolve the dispute through dialogue and warned of potential retaliatory measures.