"German media outlet Handelsblatt reported on Thursday that the recently escalated trade war between the U.S. and China is accelerating the negotiations between the European Union and the country led by Xi Jinping.
As expansion into the U.S. market appears increasingly unlikely, China is shifting its focus to negotiating with EU leaders to cancel the tariffs imposed late last year on all fully electric vehicles imported into Europe.
The European Commission began imposing provisional countervailing duties on Chinese EV imports on October 31, 2024, following an anti-subsidy probe launched in 2023.
The tariffs, which add to the EU’s standard 10% import duty, range from 7.8% on Tesla’s Shanghai-built vehicles to as high as 35.3% on models from state-owned SAIC Motor, which owns the MG brand. BYD and Geely face rates of 17.0% and 18.8%, respectively."
https://eletric-vehicles.com/byd/eu-china-accelerate-talks-to-cancel-tariffs-on-imported-evs-report/
