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China and EU Begin Talks to End EV Tariffs

  • China and EU have initiated talks to address concerns over EV pricing and subsidies.
  • EU had imposed up to 35.3% tariffs on Chinese-made EVs, which were challenged by Chinese automakers.
  • Negotiations indicate a joint effort to resolve trade tensions and create a favorable environment for EV manufacturers.
  • China and the EU are committed to a rules-based multilateral trading system and addressing legitimate concerns.

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