China and the European Union have begun talks regarding tariffs on Chinese electric vehicles (EVs) imported into Europe, marking a significant step in their trade relations. This development follows the EU’s initiation of an anti-subsidy investigation, which could potentially result in tariffs as high as 38.1% starting from July 4. German Economy Minister Robert Habeck underscored that these tariffs are designed to ensure fair competition rather than punitive measures against Chinese manufacturers.

In response, Chinese officials, including Zheng Shanjie from the National Development and Reform Commission, emphasized their commitment to protecting Chinese companies from any adverse impacts. They urged Germany and the EU to adopt a balanced approach that considers the mutual interests of both sides.

The negotiations represent a pivotal moment as both China and the EU navigate the complexities of international trade regulations while striving to maintain economic stability and competitiveness in the global EV market.