Reported 8 months ago
The Chinese Ministry of Commerce released a brief statement after Minister Wang Wentao held a video call with EU Trade Commissioner Valdis Dombrovskis, agreeing to initiate negotiations on the EU's anti-subsidy investigation into Chinese electric vehicles. The EU recently announced plans to impose tariffs of up to 38.1% on Chinese electric cars, with temporary tariffs set to take effect in early July. German Vice Chancellor and Minister of Economics Habeck described the development as a surprising but positive first step, signaling a potential for compromises in the upcoming negotiations, particularly in the field of electric mobility.
Source: YAHOO