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Germany's Scholz hopes for EU-China deal on EV tariffs before duties come into force

By Oscar Pandiello ( June 25, 2024, 12:13 GMT | Insight) -- The EU and China must try their best to speed up negotiations to prevent the provisional tariffs on Chinese electric vehicles coming into force on July 4, Germany's Chancellor Olaf Scholz has said. He asked the Chinese government to "show some serious movement" to move forward and avoid an escalation of trade tensions between both parties.The EU and China should speed up their talks to find a bilateral solution to avoid the provisional countervailing duties to Chinese electric vehicles imports to the bloc before they come into effect on July 4, German Chancellor Olaf Scholz has said....

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