China's Commerce Minister Wang Wentao will visit Europe in recent days and on September 19 will talk with EU trade chief Dombrovskis on the EU's anti-subsidy investigation case against Chinese EVs.
A senior Chinese official will visit Europe to discuss electric vehicle (EV) tariffs before they officially come into effect.
China's Commerce Minister Wang Wentao will visit Europe in recent days, a spokesperson for the Ministry of Commerce (MOFCOM) said at a regular press conference today.
Wang will hold talks with Valdis Dombrovskis, the European Commission Vice President and trade commissioner on September 19 to consult on the EU's anti-subsidy investigation case against Chinese EVs.
The MOFCOM will release timely information on the visit and the progress of the consultations, the spokesperson said.
The European Commission formally launched an anti-subsidy investigation into imports of battery electric vehicles (BEVs) originating in China on October 4, 2023, alleging that China's BEV value chain benefits from unfair subsidies and poses a threat of economic harm to EU producers.
The investigation's preliminary findings and provisional tariffs were announced on June 12 and were adjusted several times over the past few months.
On September 10, Bloomberg said in a report citing people familiar with the matter that the EU was preparing another small cut in the proposed additional tariff rates on EVs exported from China by Tesla (NASDAQ: TSLA) and other Chinese automakers.
Tesla's proposed tariff rate would be cut from 9 percent to just under 8 percent, the report said, adding that the EU was making revisions based on new information provided by the companies.
The 27 member states of the European Union will vote on the proposed tariffs in October, and if passed, the provisional tariffs will become a five-year policy. The additional levy would be based on the 10 percent tariffs already paid by Chinese exporters.
China has expressed its opposition on several occasions, urging the EU to correct its approach and properly handle economic and trade frictions through dialog and consultation.
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