China, EU close to EV tariff deal, state media says, dismisses ‘trade diversion’ fears

China, EU close to EV tariff deal, state media says, dismisses ‘trade diversion’ fears

China and the European Union have largely finalised the “technical” part of negotiations towards resolving their electric vehicle (EV) tariff dispute, with the deal now hinging on “political will” from the European side, according to Chinese state-affiliated media. Yuyuan Tantian, a social media account linked to state broadcaster CCTV, reported on Friday night that the…

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Rare earth exports should never come between China and EU, Wang Yi says on Europe tour

Rare earth exports should never come between China and EU, Wang Yi says on Europe tour

Chinese Foreign Minister Wang Yi has downplayed EU concerns over restrictions on rare earth exports and offered assurances that the needs of European companies will be met if they adhere to proper application procedures. Controlling dual-use goods was a sovereign right and an international responsibility for all nations, Wang said during a news conference with…

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