China and the European Union agreed to start talks on the bloc’s plans to impose tariffs on electric vehicles imported from the Asian nation. Chinese Commerce Minister Wang Wentao and the EU’s Trade Commissioner Valdis Dombrovskis spoke in a video conference Saturday, according to a statement by the commerce ministry in Beijing. They agreed to begin talks, the statement said without providing details. The EU announced plans to impose levies as high as 48% on EVs shipped from China last week, fueling trade tensions with the Asian nation. The bloc has opened a slew of investigations into China, citing unfair trade ... (full story)