China wants EU tariffs on EVs gone by July 4 as talks resume

China wants EU tariffs on EVs gone by July 4 as talks resume

Beijing: Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlled Global Times reported, after an agreement by both sides to hold new trade talks.Provisional EU duties of up to 38.1 per cent on imported Chinese-made EVs are set to kick in by July 4 while the bloc investigates what the EU claims are excessive and unfair subsidies to Chinese EV makers.China has repeatedly…
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Source: https://www.deccanherald.com/business/china-wants-eu-tariffs-on-evs-gone-by-july-4-as-talks-resume-3078155