China stands firm on EV tariffs in talks with EU

China has firmly stated that it will not make concessions regarding its core interests in the ongoing negotiations with the European Union over electric vehicle (EV) tariffs. This declaration comes ahead of critical talks scheduled for September 19 between China's Commerce Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis. The EU is considering imposing significant tariffs on Chinese-made EVs to counteract substantial government subsidies identified throughout the Chinese supply chain, which includes battery materials and shipping. The European Commission has already dismissed proposals from Beijing aimed at establishing minimum prices or volume caps for EV shipments into the EU, indicating a tough stance on trade relations. The EU plans to hold a vote on September 25 to decide on the implementation of definitive tariffs, which could have far-reaching implications for the trade dynamics between China and the EU. China's position reflects its broader strategy of maintaining its economic interests amid rising trade tensions. The Chinese state media has emphasized that while the country is open to dialogue and consensus-building, it will not yield to external pressures that threaten its core economic interests. This situation highlights the complexities of international trade negotiations, particularly in the rapidly evolving EV market. As both sides prepare for the upcoming discussions, the outcome will likely influence future trade policies and the competitive landscape of the electric vehicle industry, not only in Europe but globally. The stakes are high, and the decisions made in the coming weeks could reshape the future of EV imports and exports between these major economies.