EU Eyes Tariffs on Chinese EVs Amid Ongoing Negotiations
The European Commission is proceeding with negotiations on import tariffs on Chinese electric vehicles despite a forthcoming vote by EU countries. The Commission has proposed final tariffs, ranging from 7.8% to 35.3%, and an additional text suggesting that talks with China could continue even after the vote.
The European Commission remains committed to negotiating import tariffs on Chinese electric vehicles, even as EU countries prepare to vote on its proposal. Sources familiar with the situation stated that the proposal had been sent to the EU's 27 members, advocating for tariff levels determined in September.
The vote is set for this Friday, and the Commission included an additional text saying that talks with China over alleged subsidies had not yet resolved the issue, but that negotiations could proceed even if the tariffs are approved. China's commerce ministry recently mentioned discussions on a flexible price-commitment scheme to avoid tariffs.
Proposed tariffs vary, with 7.8% for Tesla EVs built in China and 35.3% for non-cooperative companies like SAIC. If approved, new tariffs will add to the existing 10% import duty and apply for five years unless a majority of EU members votes against them before the Oct. 30 deadline.
(With inputs from agencies.)
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