Overview
- China announced it has reached an agreement with the EU after several consultation rounds on the treatment of Chinese electric-vehicle imports.
- The European Commission published a guidance document detailing how exporters can propose price-commitment offers, with identical legal standards applied to each case and objective assessments.
- An EU spokesperson said the guidance is informational only at this stage and confirmed that existing countervailing duties continue to apply.
- Early reports describe possible future trade-offs, including conditional tariff rollback in exchange for minimum price commitments by Chinese firms, but these elements have not been confirmed.
- The EU imposed definitive duties on Chinese EVs on October 29, 2024, ranging from 7.8% to 35.3%, and both sides say they seek to preserve stability in the automotive supply chain.