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EU and China close to dropping electric vehicle duties – trade chief

  • The European Union and China are nearing a decision to eliminate tariffs on Chinese electric vehicles, according to Bernd Lange, the chair of the European Parliament's Committee on International Trade.
  • Bernd Lange stated, "We are close to an agreement: China can commit to offering electric vehicles in the EU at least at the minimum price."
  • The top trade official of the bloc highlighted that this agreement could address competition distortion caused by unfair subsidies.
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