The Chinese Ministry of Commerce announced today that discussions in Brussels regarding tariffs imposed by the European Union on electric cars imported from China ended with a note of continued “major disagreements.”
The Chinese Ministry of Commerce announced today that discussions in Brussels regarding tariffs imposed by the European Union on electric cars imported from China ended with a note of continued “major disagreements.”
There are still major differences between the two sides. The ministry said in a statement that the consultations have not yet resulted in an acceptable solution for both sides, adding that it invited European Union negotiators to the next round of negotiations in China.
European Council President Charles Michel on Friday called on China to “adapt its behaviour” in order to ease trade tensions with Brussels, following a series of customs measures that both sides objected to.
“We are counting on China to adapt its behavior and realize that it is necessary to rebalance economic relations towards greater equity and fair competition,” said the leader, who met with Chinese Prime Minister Li Qiang on the sidelines of the China Summit. Association of Southeast Asian Nations (ASEAN) in Laos.
Charles Michel said he hopes an agreement will be reached in the coming days or weeks, although the context is “very difficult.”
On Tuesday, Beijing imposed more conditions on the import of European brandy – especially French Cognac – following Brussels' decision to impose punitive tariffs on Chinese-made electric cars.
The European Commission accuses Beijing of distorting competition by subsidizing manufacturers on its territory, allowing them to offer lower prices.
China responded by launching “anti-dumping” investigations into pork and dairy products.
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