*Walter Bloomberg
*Walter Bloomberg|Apr 15, 2025 13:09
MNI: EU-CHINA EV RESOLUTION HOPES DIM AFTER U.S. THREATS The European Union is likely to suspend its efforts to reach a resolution with China over its tariffs on electrical vehicle imports pending the outcome of ongoing EU-U.S. tariff negotiations, EU trade sources said. EU Trade Commissioner Maros Sefcovic and China's Minister of Commerce Wang Wentao have recently reopened ideas of a deal based on a voluntary floor price for China's EV exports to the bloc, but EU jitters at the threat of a U.S. backlash look likely to freeze such efforts, they said. "Any kind of a deal with China could be seen as 'ganging up' on the U.S.," one said.
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