October 17, 2024 08:45 GMT
MNI BRIEF: Beijing Awaiting EU Response On Next Stage Talks
MNI (BEIJING) - China is awaiting a response from Brussels after inviting the EU team to China to begin the next stage of consultations regarding electric vehicle tariffs, He Yadong, a spokesperson for the Ministry of Commerce said on Thursday.
Speaking with reporters, He said China would make a cautious decision after studying potentially increasing tariffs on imported large fuel vehicles.
Progress on a solution to the European Union-China electric vehicle dispute looks difficult following intense negotiations between the two sides in the days since EU states backed the Commission’s proposed tariffs on Oct 4, EU trade sources told MNI. (See MNI: Little Progress Likely In China-EU EV Dispute- EU Sources)
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