The trade war between China and the European Union continues to build. In the latest update, China is looking to convince Germany’s car manufacturers with potential benefits if they can persuade the EU to drop tariffs on Chinese EVs.
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China currently imposes a 15 per cent fee on passenger vehicles from Germany. The tariff-hit country is considering floating the fees in exchange for scrapping planned EV levies on its imports.
China’s Commerce Minister Wang Wentao hinted at the possibilities during a meeting with Germany’s Vice Chancellor Robert…
