Economic news
China urges EU not to affect EV tariff talks with separate price negotiations
2024.10.12 06:23
BEIJING (Reuters) – China urged the European Union on Saturday not to conduct separate negotiations over the prices for China-made electric vehicles, warning that would “shake the foundations” of bilateral tariff negotiations.
The comments, published on the website of China’s Ministry of Commerce, come days after Brussels rejected a Chinese proposal for EVs made in China to be sold at a minimum price of 30,000 euros ($32,000), a move Beijing hoped would avert EU tariffs being imposed next month.
