News Desk : Flags of European Union and China are pictured during the China-EU summit in Beijing. Photo: Reuters via Yahoo
Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China`s state-controlled Global Times reported, after an agreement by both sides to hold new trade talks.
Provisional EU duties of up to 38.1% on imported Chinese-made EVs are set to kick in by July 4 while the bloc investigates what the EU claims are excessive and unfair subsidies to Chinese EV makers.
Source: Reuters