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China actively prepares for talks with EU on deal to avoid countervailing EV duties

By Joanna Sopinska ( June 21, 2024, 10:21 GMT | Insight) -- The Chinese government is collecting data from electric carmakers to negotiate a deal with the EU on setting a minimum price for Chinese imports that would allow them to avoid potential countervailing duties, MLex has learned. The agreement, known in trade defense jargon as an undertaking, might also include a cap on the volume of imported EVs. But reaching such a deal won’t be easy due to the huge complexity of the EV market, according to experts.The Chinese government is collecting data from electric carmakers to negotiate a deal with the EU on setting a minimum price for Chinese imports that would allow them to avoid potential countervailing duties, MLex has learned. The agreement, known in trade defense jargon as an undertaking, might also include a cap on the volume of imported EVs....

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