BRUSSELS ((Euronews) - Amid escalating trade tensions, China’s commerce minister, Wang Wentao, and the European Commission’s trade commissioner, Valdis Dombrovskis, are set to meet on Thursday to discuss trade relations between the two parties.
China and EU member states are preparing for talks amid escalating trade tensions. Over the weekend, China’s Commerce Minister, Wang Wentao, met with Roberto Vavassori, President of the Italian Association of the Automotive Industry, in Turin.
According to a press release from China’s Ministry of Commerce, the two parties exchanged views on the EU’s anti-subsidy investigation into Chinese electric vehicles and discussed cooperation between the Chinese and Italian electric vehicle industries.
This meeting was ahead of a key event on 19 September, when Wang is set to visit Europe to meet the European Commission trade commissioner, Valdis Dombrovskis, to discuss the rising trade tensions between China and the EU.
The European Commission (EC) has proposed additional tariffs of up to 35.3% on Chinese electric vehicle (EV) imports, citing concerns that Beijing’s “unfair subsidies” for Chinese-made EVs could cause significant harm to local car manufacturers.