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Steering Clear of Trade Wars: A Multilateral Approach to Resolving China-EU EV Tariff Disputes
Opinion | The optimal way for China and Europe to resolve their Electric Vehicle tariff disagreements
Instead of pursuing two-party resolutions that might result in a win-lose situation, adopting a multi-party strategy can yield superior outcomes and stimulate necessary trade modifications.
In order to prevent a trade conflict, ongoing dialogues are being held between the EU and China to seek a different resolution. The disagreement over electric vehicle tariffs serves as a trial situation for both China and the EU, and they should capitalize on this chance to discover other possible solutions.
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