The talks took place during German Vice-Chancellor Robert Habeck’s visit to China. However, the process is still at an early stage.
Chinese and EU authorities have agreed to start negotiations on the bloc’s plans to introduce duties on electric vehicles imported from China. Bloomberg reported this on Saturday, June 22, citing the Ministry of Commerce in Beijing.
The parties agreed to begin negotiations, the report said, without giving details.
It was learned that Chinese Trade Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis spoke in a video conference on Saturday.
Last week, the EU announced plans to impose tariffs of up to 38% on electric vehicles coming from China, raising trade tensions with the Asian nation. The bloc has launched a series of investigations into China, citing unfair trade practices such as massive government subsidies, prompting Beijing to retaliate with an escalating campaign of threats targeting the European goods.
The talks took place during German Vice-Chancellor Robert Habeck’s visit to China. Earlier on Saturday, Habeck met with Wang and reiterated Europe’s willingness to negotiate tariffs.
“We have to be very careful now, this is the first step and many more will be needed. But at least this is the first step, which was not possible before. That’s why tonight is a good evening if we want to try to maintain a level playing field and avoid a tariff war,” Habeck told reporters in Shanghai after agreeing to start negotiations.
It was earlier reported that Chinese automakers have called on Beijing to increase tariffs on imported European gasoline-powered cars.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.