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EU, China trade chiefs open talks over tariffs for electric cars
The New Indian Express
|June 24, 2024
EU and China trade chiefs held "candid and constructive" talks on Saturday over plans from Brussels to ramp up tariffs on Chinese electric cars, and the two sides will hold further consultations, the EU said.
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The European Union warned this month that it would slap additional tariffs of up to 38% on Chinese electric car imports from July after an anti-subsidy probe, in a move that risks provoking a bitter trade war.
An EU spokesman said European trade commissioner Valdis Dombrovskis and China's Commerce Minister Wang Wentao "had a candid and constructive call on Saturday on the EU's anti-subsidy investigation into battery electric vehicles produced in China".
This story is from the June 24, 2024 edition of The New Indian Express.
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