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China details outcome of EU trade talks on hybrid, electric vehicles
China has announced details of the outcome of trade talks with the European Union concerning hybrid and electric vehicles. The announcement, reported by Reuters, follows ongoing negotiations between the two sides over market access, tariffs and rules affecting the rapidly growing electric vehicle sector, a key point of friction in broader EU-China trade relations.
Why now: Electric vehicle trade is a major source of tension between the EU and China, making any disclosed outcomes of negotiations newsworthy.
Evidence
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