China Seeks to Avoid Trade War in Response to EU Car Tariffs China is expected to respond cautiously to the EU’s new tariffs on Chinese electric cars, wary of provoking a trade war. The EU’s move to impose tariffs of up to 48% on Chinese vehicles aligns with similar actions by the US and other countries. Beijing aims to avoid aggressive retaliation that could unify Western nations against it and hinder President Xi Jinping’s efforts to promote strategic autonomy in Europe. Analysts predict China will target specific agricultural products in its retaliation, such as cheese and pork, to avoid broader economic conflict. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts No Immediate Rate Cuts: Fed Takes Cautious Stance on Inflation READ MORE World Gold Council: Gold's Shines August Rally Continues READ MORE Modest Inflation Increase Won't Derail Fed's Easing Strategy READ MORE Why I Took Physical Delivery of My Tesla Stock Certificates READ MORE The Spreading Crisis in Commercial Real Estate: "Greatest Real Estate Crisis Since 2008"? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment