China and the European Union held high-level talks to address tensions over electric vehicle (EV) tariffs this week, signaling a potential breakthrough in ongoing trade disputes. 🌍⚡
In a Thursday meeting, Chinese Commerce Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis discussed the bloc’s anti-subsidy investigation into Chinese EVs. Both sides pledged to resolve differences through “friendly dialogue,” according to China’s Ministry of Commerce.
Despite China’s criticism of the EU probe as “unreasonable and unfair,” officials agreed to continue negotiations on price commitments. The Chinese EV industry has reportedly offered flexible solutions to address the EU’s concerns. 💬🔋
This marks a rare moment of alignment in a trade battle that could reshape the future of clean-energy markets. Stay tuned for updates as talks unfold!
Reference(s):
China, EU hold constructive consultation on EV tariff disputes
cgtn.com