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Market
Outcome of EU-China trade talks by July 31, 2024
4
Resolution / Starting Odds
Tariffs removed • 33%
Tariffs reduced • 33%
Tariffs maintained • 34%
Official announcements from EU and Chinese authorities or credible news sources
Story
China Urges EU to Remove EV Tariffs by July 4 Amid Trade Talks
Jun 24, 2024, 06:30 AM
China is urging the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs) by the July 4 deadline. This request comes as trade talks between the two sides are set to resume. The Chinese state-controlled Global Times reported that Beijing wants the tariffs removed to foster better trade relations. The push for tariff removal is seen as a significant move to enhance the competitiveness of Chinese EVs in the European market.
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Tariffs imposed • 33%
Retaliatory tariffs imposed • 33%
No tariffs imposed • 33%
Resolved • 50%
Unresolved • 50%
No action taken • 25%
Trade restrictions imposed • 25%
Negotiations initiated • 25%
Other actions • 25%
Continued dialogue • 33%
Breakdown in relations • 33%
Mutual sanctions • 33%
Mutual agreement • 33%
Ongoing conflict • 33%
Escalation with additional measures • 33%
Increase in trade • 33%
Decrease in trade • 33%
No significant change • 33%
Tariffs remain • 25%
Tariffs reduced • 25%
Tariffs eliminated • 25%
No agreement • 25%
EU increases energy purchases • 25%
U.S. imposes tariffs • 25%
Negotiations lead to compromise • 25%
No significant change • 25%
Resolved with mutual agreement • 25%
Escalated with more trade measures • 25%
Status quo maintained • 25%
Other • 25%
No action taken • 25%
Minor trade restrictions imposed • 25%
Major trade restrictions imposed • 25%
Other • 25%