Spanish PM Urges EU-China Trade Compromise on EV Tariffs

Spanish Prime Minister Pedro Sanchez has called for a reconsideration of proposed EU import tariffs on Chinese-made electric vehicles to avoid a trade war. Sanchez emphasized the need for compromise between the EU and China to protect Spanish industry and maintain stable economic relations.

Spanish Prime Minister Pedro Sanchez has urged the European Union to reconsider proposed import tariffs on Chinese-manufactured electric vehicles, emphasizing the need to avoid a trade war and seek a compromise with Beijing.

Sanchez's remarks, made during a visit to China, mark a shift from Spain's previous supportive stance on the tariffs. He stressed the importance of collaboration between the EU and China to mitigate any potential fallout impacting Spanish industry.

Chinese President Xi Jinping has encouraged Sanchez to play a 'constructive role' in mending strained relations between the EU and China. The issue is particularly pressing as the EU member states prepare to vote on the proposed duties in October, amid ongoing anti-dumping investigations from China.

(With inputs from agencies.)