Spain Urges EU to Reconsider Tariffs on Chinese Electric Vehicles
Spanish Prime Minister Pedro Sanchez calls for a compromise to avoid a trade war with China amid looming EU tariff vote.
- Spanish Prime Minister Pedro Sanchez has shifted his stance, urging the EU to rethink proposed tariffs of up to 36% on Chinese-made electric vehicles.
- China's Commerce Minister Wang Wentao will visit Europe for discussions with the European Commission's Valdis Dombrovskis on September 19.
- Sanchez's comments come after a meeting with Chinese President Xi Jinping, where they discussed fair trade and the potential impact of tariffs on Spanish exports.
- The EU's 27 member states are set to vote on the proposed tariffs by the end of October, needing a qualified majority to pass.
- China has threatened retaliatory duties on EU imports, such as pork and dairy, which could significantly affect Spain's economy.