Business · Trade · 2 days ago

EU and China reach initial understanding in vehicle trade dispute

EU and China reach initial understanding in vehicle trade dispute

The EU and China have agreed on a first step to ease a trade dispute over vehicles.

Their understanding covers trade in hybrid cars, and they have indicated a possible compromise on tariffs for electric cars.

This could help prevent the dispute from getting worse.

EU leaders still have to decide what happens next.

Sources

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