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China and the European Union have agreed to start talks on the planned imposition of tariffs on electric vehicles made in China and imported into the European market, senior officials of both sides said on June 22, 2024. According to CNBC, German economy minister Robert Habeck said he was informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China. The Chinese commerce ministry said it had agreed to start consultations regarding the EU’s anti-subsidy investigation into Chinese EVs.
“This is new and surprising in that it has not been possible to enter into a concrete negotiation timetable in the last few weeks,” Habeck said in Shanghai, calling it a first step with many more necessary. “We are far from the end, but at least, it is a…
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