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VisitChina 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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Markets
Yes • 50%
No • 50%
Official announcement from the Chinese government or credible news sources
No • 50%
Yes • 50%
Market reports from credible sources such as automotive industry analysts
Yes • 50%
No • 50%
Official announcement from the European Union or credible news sources
Further negotiations • 33%
Status quo maintained • 34%
Retaliatory tariffs • 33%
Official announcements or credible news sources
Tariffs reduced • 33%
Tariffs removed • 33%
Tariffs maintained • 34%
Official announcements from EU and Chinese authorities or credible news sources
Chinese EV manufacturers • 33%
Neither/Both equally • 34%
European EV manufacturers • 33%
Market analysis reports from industry experts