China and the EU to hold trade talks. Japan ready to intervene in currency markets. Asian stocks set to drop. Here’s what you need to know today.
Trade Talks
China and the European Union agreed to start talks on the bloc’s plans to <-bsp-bb-link state="{"bbDocId":"SFJ1MYT0G1KW","_id":"00000190-4791-d497-a7fb-ef9d7b7c0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">impose tariffs on electric vehicles-bsp-bb-link> imported from the Asian nation. Chinese
Commerce Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis spoke Saturday and agreed to begin talks, following an announcement earlier this month that the EU planned to impose levies as high as 48% on EVs shipped from China as of July. The bloc has opened a slew of investigations into China, citing unfair trade practices, prompting ...
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