💨 Abstract

China and the European Union are at odds over an anti-subsidy case concerning Chinese electric vehicles. Despite 20 days of negotiations, they have not found a mutually acceptable solution. The EU recently voted to impose tariffs of up to 45% on Chinese electric vehicles, with talks to continue in search of a WTO-compatible solution. This comes after the US imposed similar tariffs earlier this year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖