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China, EU are open to talks on plans to hike tariffs on Chinese EVs [Financial Post (Toronto, Ontario, Canada)]
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BANGKOK (AP) — China and the European Union are open to holding talks on the EU's recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say. China's Commerce Ministry and Germany's economy minister said over the weekend that each side was willing to hold talks on the issue. Meanwhile, Chinese state media said Monday that Beijing is pushing for the EU to give up plans to sharply raise tariffs on imports of Chinese-made electric vehicles by July 4. Article content Escalating a trade dispute over Beijing's subsidies that Brussels worries are hurting European automakers, the EU plans to impose provisional tariffs of 17.4% to 38.1% on EVs from China for four months starting on July 4. That's on top of the 10% dutues for all imported EVs. They would apply to vehicles exported to Europe by both Chinese and foreign brands, including Tesla. The European Commission, the EU's executive arm, said preliminary results from an inves
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