China agrees to electric car tariff talks as EU fights to avoid trade war
6 months ago

China agrees to electric car tariff talks as EU fights to avoid trade war

The Telegraph  

The EU has clinched last-ditch talks with Beijing over plans to impose higher tariffs on Chinese imports of electric cars amid fears of a looming tit-for-tat trade war. Trade ministers from China and the European Commission agreed to start negotiations to settle a dispute over EU plans to raise tariffs on electric vehicle imports from China to up to 48pc. EU trade commissioner Valdis Dombrovskis and Chinese commerce minister Wang Wentao agreed to further talks after a “candid and constructive” telephone call, EU trade spokesman Olof Gill said. The German automotive industry has been opposed to the EU plan amid fears China could impose counter-tariffs to hurt manufacturers such as BMW and Daimler.

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