China, EU to Restart EV Tariff Talks

China and the European Union have agreed to restart negotiations on tariffs and minimum price commitments for Chinese electric vehicles (EVs), aiming to create a favorable environment for bilateral trade and investment. This decision follows heightened trade tensions exacerbated by former U.S. President Trump's imposition of additional tariffs on Chinese and EU goods. The negotiations will address previous EU tariffs on Chinese EVs, which were challenged by Chinese automakers in the EU Court of Justice. Both sides emphasized the importance of maintaining stable economic relations and will establish regular ministerial-level communications to address trade issues. These discussions are seen as a step to enhance cooperation and stabilize global supply chains amid a complex international economic environment. The talks coincide with the 50th anniversary of diplomatic ties between China and the EU, providing a platform for deeper dialogue and cooperation.