China and EU agree steps to address dispute over EV imports.

China said it reached a deal with the European Union on exports of Chinese-made electric vehicles, and Beijing said the EU will issue guidelines on minimum pricing for Chinese auto exporters. The Commerce Ministry did not say whether the EU tariffs of up to 35.3% imposed after an investigation will be lifted.

China announced that it has reached a deal with the European Union concerning exports of Chinese-made electric vehicles. The statement came from the Commerce Ministry in Beijing and was reported by the Associated Press. The ministry said the EU will issue guidelines on minimum pricing for Chinese auto exporters. The ministry did not specify whether existing EU tariffs would be ended or changed. What is reported: - China said it reached a deal with the EU on exports of Chinese-made electric vehicles. - The Commerce Ministry in Beijing stated the EU will issue guidelines on minimum pricing for Chinese auto exporters. - The announcement did not state whether the EU tariffs of up to 35.3% imposed after an investigation will be lifted or altered. - The report was published by the Associated Press citing the Beijing statement. Summary: The announcement is presented as a step toward resolving the trade dispute over Chinese EV imports by focusing on pricing guidance, but key outcomes were not specified. Whether the EU will remove or modify the tariffs of up to 35.3% remains unreported. Undetermined at this time.