US EditionEU and China Seek Price Deal to Ease Electric Vehicle Tariff Tensions
- The EU and China started negotiations to address tariffs on electric vehicle imports after disputes arose in late 2024.
- The EU imposed tariffs, some as high as 45%, following an anti-subsidy investigation into Chinese EVs.
- EU Trade Commissioner Maros Sefcovic and China's Commerce Minister Wang Wentao are leading negotiation efforts.
- The EU considered tariffs reaching up to 45.3%, but now both parties contemplate binding minimum price commitments instead.
- Both nations aim to de-escalate trade tensions influenced by global trade policies and strengthen economic relations.
82 Articles
82 Articles
Global trade tensions prompt shifts in the Chinese EV market
Amid rising international trade tensions, the Chinese EV market is navigating several policy shifts underpinning its relations with the U.S. and Europe. The changes are expected to impact how numerous electric models are priced and traded globally. Both Beijing and the EU are exploring a price floor agreement for Chinese-made EVs sold in Europe. In the U.S., Beijing's retaliatory tariffs have led Tesla to halt new orders from China for its U.S.-…
The EU and China Are in Talks to Replace Tariffs on Electric Cars With Minimum Prices - teleSUR English
In October 2024, tariffs of up to 35.3% on electric vehicle imports from China came into effect in the European Union. The European Commission (EC) and China will continue “dialoguing” to reach minimum price commitments on Chinese electric vehicles imported by the European Union (EU) as an “alternative” to the tariffs imposed by the bloc on battery-powered cars from the Asian giant due to illegal subsidies. RELATED: The EU and China To Hold a Su…
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