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China Proposed EUR 30K Minimum Price in EV Import Tariff Dispute With EU, But Brussels Rejected Proposal – Reuters
China Suggested EUR 30K Minimum Price for EV Import Tariff Dispute with EU, But Brussels Declined – Reuters
China has proposed implementing a minimum price of EUR 30,000 on electric vehicle (EV) imports amid ongoing tariff disputes with the European Union. However, this suggestion has been rejected by Brussels, which sees it as an attempt to manipulate the market. The discussions highlight the increasing tensions between the two entities over trade policies and tariffs, particularly in the rapidly growing EV sector. As both sides continue their negotiations, the outcome will likely have significant implications for the international automotive market.