Italy backs EU tariffs on Chinese electric vehicles

Italian Foreign Minister Antonio Tajani expressed support for the European Commission's proposed tariffs on Chinese electric vehicles during an interview prior to his meeting with China's commerce minister, Wang Wentao, in Rome. The discussions focused on various topics, including the security of intellectual property, trade in the agri-food sector, and investment opportunities. Additionally, the two officials addressed geopolitical issues such as the war in Ukraine and the crises in Gaza and the Red Sea, with Italy urging China to help mitigate arms supplies to Russia. Tajani emphasized the need for a trade environment based on equality, advocating for similar market access for Italian products in China. He reiterated that Italian companies should compete on equal terms with their Chinese counterparts. This stance aligns with Italy's historical position as a significant player in the automotive industry, home to renowned brands like Fiat, which is part of the Stellantis group. While Italy initially supported tariffs in a non-binding EU vote in July, Industry Minister Adolfo Urso recently indicated a preference for a negotiated resolution. This reflects a nuanced approach to trade relations with China, balancing protective measures for domestic industries with the desire for constructive dialogue. As the EU prepares for further discussions on tariffs, Italy's position highlights the ongoing tension between protecting local industries and fostering international trade relationships. The outcome of these negotiations could significantly impact the future of the electric vehicle market in Europe and the dynamics of EU-China trade relations.