EU and China engage in talks on electric vehicle tariffs - Share Talk

EU and China engage in talks on electric vehicle tariffs

China has agreed to negotiate with the EU regarding the increased tariffs on electric vehicles (EVs) following discussions between China’s commerce minister, Wang Wentao, and EU trade commissioner Valdis Dombrovskis.

This decision came during a visit to Beijing by Germany’s vice-chancellor, Robert Habeck, aimed at easing tensions.

The EU’s decision to impose tariffs of up to 48% on Chinese EVs is currently under review after last year’s anti-subsidy investigation. Habeck welcomed the talks but emphasized the need for further actions, according to reports from Reuters, the FT, and other outlets.

Germany has expressed concerns over the tariff increase, as China is a vital market for its car industry. Any retaliatory actions by Beijing, such as its anti-dumping probe into EU pork products, could significantly impact Germany.

Habeck also criticized China’s increased exports to Russia, particularly dual-use goods that could have military applications, calling for a halt to such trade, according to reports.

During his visit to Beijing, Habeck met with officials to discuss energy, climate, and human rights issues, though a meeting with Premier Li Qiang did not take place. He urged China to reduce coal usage to help meet global climate targets, emphasizing the importance of China’s participation in these efforts.

Previously, Germany’s Chancellor Olaf Scholz had met with President Xi Jinping to discuss ending the Ukraine conflict and seeking better market access for German businesses in China.


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