According to Bloomberg, people familiar with the matter revealed that the European Union has decided to send officials to China to conduct more negotiations to find an alternative to imposing tariffs on electric vehicles in China.
People familiar with the matter pointed out that the European Union agreed to accept the invitation of China to Beijing, indicating that the negotiations between the two parties made some progress. However, people familiar with the matter said that it is still complicated to reach an agreement that can replace the taxation measures that can take effect on October 30, the EU local time on October 30. At present, the relevant plans are still finalized and need to be coordinated with China.
China and the European parties have been exploring whether they can reach an agreement on the so -called price commitment. Price commitment is a complex mechanism that controls export prices and quantities to avoid tariffs. However, both the European Union and China have stated that in terms of price commitments, the differences between the two parties are still very large.
So far, eight rounds of negotiations conducted by the European Union and China have not made breakthrough progress, and the proposed plans have not yet met the strict requirements of the EU. Effects, etc. The European Union also hopes to ensure the compliance and execution of its regulatory solution.
However, some people familiar with the matter said that in recent days, the European Union’s negotiations with China have made some progress. Negotiates have been discussing whether it can simplify the conditions for price commitments, especially in the face of new models that have not been exported and avoiding the so -called “cross compensation compensation compensation “In the case of risk. The so -called “cross -compensation” refers to the minimum import price of electric vehicles offset the sales of other products such as more profit.
At the same time, the European Union emphasized that according to the WTO rules, the EU can reach a separate price commitment with different companies. The European Union has also been seeking a separate pricing agreement with some auto manufacturers. However, China warns car manufacturers not to seek a separate transaction with the EU, and China hopes that all relevant parties can abide by a common general agreement.
On October 30, the European Union imposed a tariff of up to 35.3%on the basis of the original 10%tax rate. However, even if tariffs have come into effect, China and Europe can still reach an agreement. Some people said that in recent weeks, due to the efficiency of tariffs, China’s exports of electric vehicles in the EU have surged, and the impact of tariffs will take a while to appear.