China wants EU to scrap EV tariffs on EVs by July 4

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 percent 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.

Both sides agreed to start tariff talks after a call between EU Commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao on Saturday during a visit to China by Germany's economy minister, who said the doors for discussion are 'open.'The best outcome of the talks is that the EU scraps its tariff decision before July 4, Global Times reported late on Sunday, citing observers.

Source: Car News Wire (carnewswire.net)

Wants EU To Scrap EV Tariffs On Evs By July

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China defense minister warns of 'limits' to Beijing's restraint on South China SeaChina's defense minister warned Sunday of 'limits' to Beijing's restraint on the South China Sea and over the deployment of ballistic missiles in the Asia-Pacific region.
Source: PhilstarNews - 🏆 1. / 94 Read more »

China defense minister warns of limits to Beijing's restraint on South China SeaLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Source: gmanews - 🏆 11. / 68 Read more »

Europe wants affordable EVs from China, but not at the cost of its own auto industryFRANKFURT, Germany—The European Union moved Wednesday to hike tariffs, or import taxes, on electric vehicles made in China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and the Asian nation’s burgeoning exports of green technology to the 27-nation bloc.
Source: BusinessMirror - 🏆 19. / 59 Read more »

China's illegal blockades: China has no territorial sovereignty over South China SeaCHINA claims to have territorial sovereignty over the South China Sea. However, it is the UN Convention on the Law of the Sea (Unclos) that determines the status of the South China Sea.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Beijing wants PH out of South China SeaBEIJING — Ramming boats, building militarized islands and threatening perceived trespassers — China is escalating confrontations with the Philippines in a bid to push it out of the South China Sea, analysts say.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Vatican names China’s Hangzhou bishop via accord with BeijingThe appointment follows a landmark accord the Vatican first struck with China in 2018, renewing it for a further two years in 2022, over the appointment of Roman Catholic bishops in the communist country
Source: rapplerdotcom - 🏆 4. / 86 Read more »