China has slammed the European Union’s rejection of proposals aimed at avoiding new tariffs on Chinese electric vehicles (EVs), calling it a move that 'disregards sincerity' and risks escalating trade tensions. The Chinese Commerce Ministry expressed frustration on Friday, accusing EU officials of dismissing price adjustment offers from Chinese EV makers without proper dialogue.
The dispute began when the EU launched an anti-subsidy probe into Chinese EVs, claiming unfair pricing practices. Chinese automakers reportedly submitted plans to set minimum import prices to avoid tariffs—a move the EU swiftly rejected this week.
'Rejecting proposals without detailed talks undermines trust,' a ministry spokesperson said, adding that China had engaged in over 10 rounds of intensive talks since June. Despite China’s efforts, the EU’s decision has left both sides at odds, with Beijing warning it will take 'all necessary measures' to protect its companies.
Why it matters? EVs are a key battleground in global trade, with China leading in production and innovation. Stalled negotiations could hike prices for European consumers and slow the green energy transition. Analysts say the outcome will test whether economic rivals can cool tensions—or spark a new trade war.
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China disappointed at EU rejecting proposals to avoid duties on EVs
cgtn.com