According to Bloomberg, people familiar with the matter revealed that in the negotiations with China on an electric vehicle tariff alternative, the European Union believed that the current progress was very limited and the prospects of the agreement were quickly reached.
After a week of talks in China, both China and the European parties have claimed to have made some progress, and this week China and the European Union will continue to conduct technical talks.
However, people familiar with the matter said that the possibility of reaching an agreement at the moment is still very small. People familiar with the matter added that China has not yet moved towards the EU’s strict requirements, that is, to ensure that any agreement can be implemented and can be equivalent to the EU’s anti -subsidy tariffs.
China and Europe have been exploring a so -called price commitment agreement, which is a complicated mechanism to control the export price and quantity to avoid tariffs.
People familiar with the matter revealed that the recent negotiations are mainly focused on the establishment of a communication mechanism between the EU and China, and avoid the risk of the so -called cross -compensation, that is, the impact of the minimum import price of electric vehicles is more profitable. More sales of products offset.
There are differences in the possibility of reaching a separate agreement with auto manufacturers (including European companies with a joint venture with Chinese companies). The European side believes that such agreements meet the regulations of the World Trade Organization, while China adheres to a general agreement led by China Trade Agency.
China has stated that it is necessary to adopt counter -tariffs on dairy products, pork and Bailan land from the European Union to respond to the EU’s import tariffs on Chinese electric vehicles. In this regard, the European Union stated that it will protect their own interests while refusing to link these two surveys through some large -scale transactions.
Last month, the European Union could take effect by up to 35%of the additional 35%of China Electric EMU, and it will remain unchanged in the next five years unless an alternative agreement. Earlier this month, China requested a request to the World Trade Organization to hold dispute consultations on the tariffs of electric vehicles.