EU and China agree to discuss possible alternatives to EV tariffs

BRUSSELS (Reuters) — The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-built electric vehicles, although significant gaps remain, the European Commission said on Friday.

The EU is set to impose additional tariffs of up to 35.3% next week on electric vehicles built in China at the conclusion of its anti-subsidy investigation, but has said talks can continue after then.