EU and China open talks over electric car tariffs

The EU and China held talks over planned EU tariffs on Chinese electric cars, which could reach up to 38%. The EU aims to address “injurious subsidisation” by China. The tariffs, set to start in July, vary by manufacturer: 17.4% for BYD, 20% for Geely, and 38.1% for SAIC. This move is part of the EU’s effort to protect its automotive industry from cheaper Chinese imports. Both sides agreed to continue discussions in the coming weeks. Source AFP