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BEIJING, Feb 20, 2025 – China is “doing its best” to push for talks with the European Union over tariffs imposed on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday.
The comments come nearly four months after the EU raised import duties to as high as 45.3% in October following an anti-subsidy probe into Chinese firms.
"He Yadong, a spokesperson for China’s commerce ministry, said, 'China has been doing its best to push for negotiations with the EU. It is hoped that the EU will take notice of the call from industry and promote bilateral investment cooperation through dialogue and consultation,'" Reuters reported.
The increased tariffs were implemented after the European Commission launched an investigation to determine if Chinese manufacturers benefited from preferential grants, financing, land allocations, and access to batteries and raw materials at below-market prices.
In addition to pressing for tariff talks, China has initiated its own investigations into imports of several European products, including brandy, dairy, and pork. When asked about the progress of these cases, He noted that China’s anti-dumping probe into Europe’s pork products and its anti-subsidy investigation into the EU dairy trade were still ongoing. "We will conduct the investigation in an open and transparent manner in accordance with Chinese laws and regulations and World Trade Organization rules," he added.
China’s commerce ministry recently extended its anti-dumping investigation into EU brandy imports by three months, with the new deadline set for April 5.
The push for renewed negotiations comes as both sides continue to assess and recalibrate their trade policies amid broader economic tensions. While the EU maintains its stance on protecting its domestic industries, Chinese officials emphasize the need for dialogue to resolve disputes and foster closer bilateral investment cooperation.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Gold prices rose above $4,000 an ounce for the first time on Wednesday, fuelled by investor demand for safe-haven assets amid rising geopolitical tensions and expectations of U.S. interest rate cuts.
U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported.
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session.
Euro zone finance ministers are set to meet on Thursday to explore ways to boost the development of euro-denominated stablecoins, amid concerns that the fast-growing market could remain dominated by the United States, a senior euro zone official said.
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