Reported about 1 year ago
The Chinese Ministry of Commerce expressed on June 27, 2024, its hope to reach a mutually acceptable solution with the EU on the proposed tariffs on Chinese electric cars to avoid escalating trade frictions. The Ministry mentioned close communication between the teams and efforts to accelerate related work. The EU has decided to adjust tariffs on imported electric cars from China to further balance the market competition. Discussions have been initiated following threats of tariffs between the EU and China.
Source: YAHOO