Reported 20 days ago
The ongoing electric vehicle (EV) trade dispute between China and Europe is maintaining a delicate diplomatic balance despite escalating tariffs and retaliations. New EU tariffs up to 45.3% on Chinese EV imports have sparked a series of retaliatory measures from Beijing, but both sides seem motivated to avoid a full-blown trade war. European nations are seeking to strengthen bilateral ties with China, while evaluating the broader implications of their trade relationships. Despite ongoing conflicts, there is cautious optimism for possible resolutions to the standoff, as both regions aim to protect critical trade interests amid external pressures.
Source: YAHOO