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EU tariffs on Chinese-made EVs due to come in at end of
month
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EU gets minimum price offers from Chinese parties,
official says
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Hard to reach agreement by end of October, official says
(Updates with EU official on challenge, obligation to look at
all offers)
By Philip Blenkinsop
BRUSSELS, Oct 14 (Reuters) - The European Commission has
received minimum price offers from the Chinese Chamber of
Commerce covering several EV producers and separately from a
number of individual exporters as part of negotiations to avert
EU tariffs, a senior EU official said.
"I won't exclude it, but it seems very, very difficult to
reach an agreement by the end of October, because (of)... the
very complex, difficult issues to solve," the official said on
Monday, referring to the scheduled end of an EU anti-subsidy
investigation into EVs, when tariffs are to be imposed.
The EU has said talks could extend beyond then, but the
official said the challenge was formidable because price
undertakings, involving a minimum price, to date had been for
homogenous commodities, rather than complex products such as
cars.
China on Saturday urged the European Union not to conduct
separate negotiations over price of Chinese-made EVs sold in the
EU, warning this would "shake the foundations" of bilateral
tariff negotiations.
The EU official said it would be "highly unusual" to focus
only on one price undertaking and not look at the others.
Indeed, the Commission was obliged to consider all offers.