Reported 9 months ago
With one week left before the EU starts imposing tariffs on Chinese electric cars, reports suggest that Beijing proposed lowering import tariffs on EU large-displacement cars to persuade the EU to cancel their tariffs. This move is seen as China's effort to avoid escalating trade tensions with both the US and the EU. By proposing to lower tariffs on EU cars, China aims to gain support from influential countries like Germany to sway the EU's decision on imposing temporary tariffs on Chinese electric cars.
Source: YAHOO