China and EU Strike Landmark EV Trade Deal, Shifting From Tariffs to Minimum Price Framework

Jan 12, 2026 - 17:00
In a development set to reshape global automotive markets, China and the European Union have reached a landmark agreement on electric vehicle (EV) pricing, replacing previously threatened punitive tariffs with a minimum price framework. The deal comes after months of tense negotiations, reflecting growing economic frictions between the West and China over technology, subsidies, and […]