EU and China set for talks on planned electric vehicle tariffs

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Germany's Economy Minister Robert Habeck said he had been informed by the EU commissioner that there would be concrete negotiations on tariffs with China.

Aerial photograph shows electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, in China's eastern Jiangsu Province. The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs.Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China.

He said it was a first step and many more will be necessary. "We are far from the end, but at least, it is a first step that was not possible before." Habeck said there is time for a dialogue between the EU and China on tariff issues before the duties come into full effect in November and that he believes in open markets but that markets require a level playing field.Another point of tension between Beijing and Berlin is China's support for Russia in its war in Ukraine. Habeck noted Chinese trade with Russia increased more than 40% last year.

Proposed EU tariffs on Chinese goods are not a "punishment", Habeck told Chinese officials earlier in Beijing. "It is important to understand that these are not punitive tariffs," he said in the first plenary session of a climate and transformation dialogue. Any countervailing duty measure that results from the EU review "is not a punishment", he said, adding that such measures were meant to compensate for the advantages granted to Chinese companies by Beijing.

 

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