EU, China agree to more talks on potential alternatives to EV tariffs

BRUSSELS (Reuters) -The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-built electric vehicles, although significant gaps remain, the European Commission said on Friday. The EU is set to impose additional tariffs of up to 35.3% next week on electric vehicles built in China at the conclusion of its anti-subsidy investigation, but has said talks can continue after then. The two sides are looking at possible minimum price commitments from Chinese producers or investments in Europe as an alternative to tariffs.