EU-China EV Trade Talks Stumble as Tariff Deadline Looms

Negotiations face significant challenges with potential tariffs on Chinese electric vehicles set to begin at the month's end.

EU and China are struggling to reach a consensus on electric vehicle tariffs, with discussions stalling after eight rounds of talks.
China has threatened retaliatory tariffs on large-engine vehicles and cognac, targeting major EU economies like Germany and France.
The EU is considering a mechanism to control prices and export volumes as an alternative to the proposed tariffs.
Chinese officials have returned to Beijing, reflecting the significant gap in negotiations despite ongoing background discussions.
EU officials find it difficult to finalize a deal by the end of October due to the complexity of the issues involved.