As the EU considers new tariffs on Chinese electric vehicles, China is open to alternatives and welcomes the EU's delegation for discussions amid rising opposition among member states.
China is willing to consider alternative possibilities while the European Union investigates new tariffs on Chinese electric vehicles. The EU's decision to send a mission to China for additional talks has been welcomed by Beijing, indicating growing opposition to these proposed measures among EU member states.
During a video meeting, European Commission Executive Vice-President for the Economy Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao decided to start discussions, concentrating on possible minimum price pledges from Chinese producers or investment in Europe as alternatives to tariffs. China's Ministry of Commerce said it hopes these talks will be "pragmatic" and "balanced," resulting in a settlement that benefits both parties.
Hungary and the UK are among the nations that have expressed opposition to the EU's proposed tariffs. The promotion of clean technology and carbon reduction targets are not aided by such tariffs, according to Ada Nagy, Deputy State Secretary for Industry Affairs, Ministry for National Economy of Hungary. He underlined that consumers are likely to choose conventional fuel-powered vehicles over new energy alternatives in the absence of incentives.
The EU's decision, according to Jack Perry, Chairman of the UK's "48 Group Club," is shortsighted and might impede the expansion of the EU's electric car sector and keep it behind the rest of the world in terms of renewable energy developments. Although the strategy may appear advantageous in the short run, he contended that it could cause consumers to face long-term expenditures and slow down the shift to electric vehicles.
Both parties believe that as conversations continue, a solution will be reached that balances economic interests with environmental responsibilities and encourages sustainable growth in the electric vehicle market.
Iran's Foreign Minister Abbas Araghchi and his Russian counterpart Sergei Lavrov discussed the upcoming Board of Governors session of International At...
The Hercules is old, heavily burdened and increasingly pushed into environments that expose the limits of a design born in the middle of the last cent...
Audi has revealed the car that marks its first major step into Formula One. It presented the 2026 challenger at a launch event in Munich attended by d...
Germany’s coalition partners have agreed on a draft bill on Thursday (November 13) that would introduce a voluntary military service as the country ...
Brussels Airport temporarily halted air traffic on Wednesday evening following the sighting of a possible drone near the airfield. Flight operations w...
The narrative surrounding China’s economy has long been defined by sheer scale. For decades, the nation was synonymous with mass manufacturing and an endlessly expanding consumer base, a market so vast that its very size eclipsed nuanced analysis.
India’s Air Chief Marshal A.P. Singh on Wednesday landed a C-130J transport aircraft at the new Mudh-Nyoma air force station in Ladakh, a senior defence official said.
New Zealand said it will strengthen economic and diplomatic ties with Niue, a self-governing island nation in “free association” with it, after a meeting between the two countries’ leaders in Auckland.
China’s carbon dioxide emissions have remained flat and slightly declined over the past 18 months, according to new analysis for climate publication Carbon Brief, marking what could be a historic shift in the world’s largest emitter’s energy and economic trajectory.
A source has confirmed to Anewz that all bodies of the 20 victims in the Turkish Military place crash have been recovered by search teams in Georgia's Sighnaghi municipality.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Mali's Prime Minister, General Abdoulaye Maiga, sharply criticised France and Algeria on Tuesday (11 November) for allegedly supporting terrorist groups operating in the Sahel region. His comments came during the opening of the Bamako Military Exhibition (BAMEX).
Anewz correspondent Nini Nikoleishvili reports from site of crashed Turkish military plane in Sighnaghi Municipality, saying that limited visibility and rugged terrain are slowing down recovery efforts.
A new artificial intelligence breakthrough from China is stirring debate across the global tech community, with many calling it another “DeepSeek moment.”
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as artificial intelligence (AI) stocks rebound and progress in Congress raises hopes of ending the U.S. government shutdown.
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Despite promises of recovery from the new government, Germany’s economy continues to stagnate, with no signs of renewed momentum. According to the latest report from the German Chamber of Industry and Commerce (DIHK), the country still lacks the drive needed for a genuine economic rebound.
Türkiye’s benchmark BIST 100 index ended Thursday up 0.94%, closing at 11,073.27 points. Opening the day at 11,029.29, the index gained 102.9 points compared with the previous close.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment