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EU, CN to Explore Setting Min. Price for CN-Made EVs
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A spokesperson for the European Commission revealed that EU Trade Commissioner Maros Sefcovic held talks with Chinese Commerce Minister Wang Wentao, during which both parties agreed to explore setting a minimum price for Chinese-made electric vehicles (EVs), according to foreign reports. The EU imposed tariffs of as high as 45.3% on Chinese EVs in October 2024. Still, the European Commission expressed willingness to continue negotiations with China for an alternative to tariffs. AAStocks Financial News |
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