New agreement reached between the EU and China on electric vehicle tariffs

The EU has "backed down," reaching an agreement with China on electric vehicle tariffs

According to a report from Hong Kong's South China Morning Post, today the EU announced that China has reached an agreement with the EU on tariffs for electric vehicle imports into the EU.

In 2024, the EU followed the US in imposing additional tariffs on Chinese electric vehicles. Now, the EU is stuck with the US due to Trump's desire to annex Greenland, and the EU urgently needs to mend its relationship with China. The tariff on electric vehicles clearly became the biggest obstacle between China and the EU.

It seems natural for the EU to take a "soft" stance now.

Original article: toutiao.com/article/1854115201192964/

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