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EU and China Negotiate Minimum Prices for EVs

4/11/2025

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Summary

Story summary

The European Union and China are in talks to set minimum prices for Chinese electric vehicles, a move to replace last year's steep tariffs of up to 45.3%. EU Trade Commissioner Maroš Šefcovic and Chinese Commerce Minister Wang Wentao are striving for a fair trade resolution amid rising tensions, signaling a crucial step towards cooperation.

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Story summary

The European Union and China are in talks to set minimum prices for Chinese electric vehicles, a move to replace last year's steep tariffs of up to 45.3%. EU Trade Commissioner Maroš Šefcovic and Chinese Commerce Minister Wang Wentao are striving for a fair trade resolution amid rising tensions, signaling a crucial step towards cooperation.