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EU and China agree to replace tariffs on Chinese EVs with minimum pricing to protect European carmakers.
The EU and China have agreed to negotiate the removal of EU tariffs on Chinese electric vehicles, exploring an alternative of setting minimum prices for these vehicles instead.
This move aims to protect the European auto industry while avoiding a trade conflict.
German carmakers, who rely heavily on the Chinese market, support this shift from tariffs to minimum pricing.
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La UE y China acuerdan sustituir los aranceles sobre los vehículos eléctricos chinos por unos precios mínimos para proteger a los fabricantes de automóviles europeos.