China, EU near EV tariff deal, state media says, refutes ‘trade diversion’ fears
China and the European Union have largely finalised the “technical” part of negotiations towards resolving their electric vehicle (EV) tariff dispute, with the deal now hinging on “political will” from the European side, according to Chinese state-affiliated media.
Yuyuan Tantian, a social media account linked to state broadcaster CCTV, reported on Friday night that the “technical negotiations” were essentially complete, with only the “final step” remaining. “The key now depends on whether the EU can demonstrate the necessary political will to push for a resolution of the issue,” it said.
Over the past two years, the EU has persisted in challenging Beijing on trade issues, including subsidies, alleged dumping and other practices that “distort the market”, with numerous investigations either ongoing or at the planning stage.