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Spain PM urges EU to 'reconsider' China EV tariffs plan

  • Spain’s Prime Minister Pedro Sanchez urged the European Union to “reconsider” a plan for tariffs of up to 36 percent on Chinese electric cars, seeking a “compromise” between economic powers.
  • Sanchez stated, “I have to be blunt and frank... We need to reconsider all of us” regarding the tariffs at a news conference in Shanghai.
  • Brussels is conducting inquiries into Chinese subsidies while trying to protect Europe’s auto industry and promote green growth, avoiding conflicts with Beijing.
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