{"id":133745,"date":"2024-09-16T09:20:59","date_gmt":"2024-09-16T06:20:59","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs\/"},"modified":"2024-09-16T09:20:59","modified_gmt":"2024-09-16T06:20:59","slug":"china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs\/","title":{"rendered":"China and EU set for talks aimed at easing tensions over trade tariffs"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/133745\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Amid escalating trade tensions, China\u2019s commerce minister, Wang Wentao, and the European Commission\u2019s trade commissioner, Valdis Dombrovskis, are set to meet on Thursday to discuss trade relations between the two parties. China and EU member states are preparing for talks amid escalating trade tensions. Over the weekend, China\u2019s Commerce Minister, Wang Wentao, met with Roberto Vavassori, President of the Italian Association of the Automotive Industry, in Turin.<\/p>\n<p>According to a press release from China\u2019s Ministry of Commerce, the two parties exchanged views on the EU\u2019s anti-subsidy investigation into Chinese electric vehicles and discussed cooperation between the Chinese and Italian electric vehicle industries.This meeting was ahead of a key event on 19 September, when Wang is set to visit Europe to meet the European Commission trade commissioner, Valdis Dombrovskis, to discuss the rising trade tensions between China and the EU.<\/p>\n<p>The European Commission (EC) has proposed additional tariffs of up to 35.3% on Chinese electric vehicle (EV) imports, citing concerns that Beijing\u2019s \u201cunfair subsidies\u201d for Chinese-made EVs could cause significant harm to local car manufacturers. In response, China has intensified its investigation into European food and drink imports, including pork and brandy. However, recent developments suggest that both China and the EU have expressed a willingness to ease the growing trade conflict.<\/p>\n<p>The forthcoming discussions between Chinese and EU officials are of considerable significance in addressing tensions and seeking compromises from both sides.In the latest developments, the EU has further reduced a series of proposed tariffs on Chinese-made EVs, with Tesla being the biggest beneficiary. The levy on China-made Teslas has been reduced to 7.8% from 9%, following an earlier cut from 20.8% last month.<\/p>\n<p>The tariffs on Geely have been lowered to 18.8% from 19.3%, while those on SAIC and companies that did not cooperate with the EU\u2019s investigations have been reduced to 35.3% from 36.3%. However, the tariff on the best-selling Chinese brand, BYD, remains unchanged at 17%. These additional tariffs are on top of the existing 10% duty applied to China\u2019s EV imports.<\/p>\n<p>The new EU tariffs will need to be approved by a majority of the population, or 15 of the 27 EU member states, before 31 October. If approved, the new tariffs will remain in effect for the next five years. In response, a spokesperson for China\u2019s Ministry of Commerce stated, \u201cChina is willing to continue working closely with the EU to reach an early solution that serves the common interests of both sides and conforms to World Trade Organisation rules, in order to promote the healthy and stable development of China-EU economic and trade relations.\u201d<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/09\/16\/china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/09\/16\/china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs\">Euronews Business<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/china-and-eu-set-for-talks-aimed-at-easing-tensions-over-trade-tariffs\/\">China and EU set for talks aimed at easing tensions over trade tariffs<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[758,274,16109,606,607,608],"class_list":["post-133745","post","type-post","status-publish","format-standard","hentry","category-news","tag-china","tag-eu","tag-trade-tariffs","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=133745"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133745\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=133745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=133745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=133745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}