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China wants the European Union to revoke its decision to impose provisional tariffs on Chinese electric vehicles after both sides agreed to hold new talks, Global Times reported on Sunday.
China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday.
SHANGHAI (Reuters) -- China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles being imported into the European market, senior officials of both sides said on Saturday.
The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports, which it found benefit "heavily from unfair subsidies" and pose a "threat of economic injury" to EV producers in Europe.
Tesla could be hit with a specially calculated duty on its cars produced in China and imported to Europe as part of of the European Union's decision to raise tariffs on Chinese electric vehicles.
The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China.
World Trade Organization (WTO) negotiators failed to break a deadlock on major reforms on Friday despite talks extending deep into overtime in Abu Dhabi, in what some delegates said was a triumph of national interest over collective responsibility.