The European Union and China have initiated formal negotiations aimed at abolishing EU-imposed tariffs on Chinese electric vehicles (EVs).

These discussions seek to replace the existing tariffs with a minimum pricing agreement, ensuring fair competition while addressing concerns over market distortions caused by alleged subsidies. ​

In October 2024, the EU implemented tariffs reaching up to 45.3% on Chinese EV imports, citing unfair subsidies that undercut European manufacturers.

The proposed minimum pricing mechanism would set a floor price for Chinese EVs entering the EU market, aiming to level the playing field without resorting to punitive tariffs.

German automakers and industry associations have expressed support for the negotiations, emphasizing the importance of removing trade barriers to foster a balanced and competitive market.

The Chinese Commerce Ministry confirmed that negotiations would commence immediately, reflecting a mutual interest in resolving trade tensions amicably. ​

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