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Market
Primary beneficiary of EU-China trade agreement by end of 2024
1
Resolution / Starting Odds
Chinese EV manufacturers • 33%
European EV manufacturers • 33%
Neither/Both equally • 34%
Market analysis reports from industry experts
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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Increase in trade • 33%
Decrease in trade • 33%
No significant change • 33%
Significant deterioration • 25%
Minor deterioration • 25%
No change • 25%
Improvement • 25%
European Union • 25%
United States • 25%
Canada • 25%
Australia • 25%
Temu • 25%
Shein • 25%
AliExpress • 25%
Alibaba • 25%
Mutual agreement • 33%
Ongoing conflict • 33%
Escalation with additional measures • 33%
Denmark • 33%
Netherlands • 33%
Spain • 33%
Other • 1%
Improvement • 33%
Deterioration • 33%
No significant change • 33%
Automotive • 25%
Alcoholic Beverages • 25%
Technology • 25%
Other • 25%
Resolved with mutual agreement • 25%
Escalated with more trade measures • 25%
Status quo maintained • 25%
Other • 25%
France • 25%
Spain • 25%
Italy • 25%
Germany • 25%
Automotive • 25%
Agriculture • 25%
Pharmaceuticals • 25%
Technology • 25%