The EU and China have agreed to return to the drawing board and renegotiate punitive tariffs on China-made EVs. Instead, China could agree to set a minimum price for electric cars made in China. This is not the first time the solution has been on the table. It first came up in November of last year and now, fuelled by US President Donald Trump’s tariffs, things are again moving in that direction. The German Handelsblatt was the first to report on the upcoming renegotiations. It says that EU trade commissioner Maros Sefcovic spoke with Chinese Commerce Minister Wang Wentao and that both sides agreed to look into setting minimum prices. Talks will likely continue on 11 April when Spanish Prime Minister Pedro Sánchez visits Beijing. A meeting with China’s President Xi Jinping is already scheduled. Sánchez is considered one of the biggest critics of the EU’s punitive tariffs on China-made electric cars. Even though the meeting has been planned for months, the current rapprochement since Sefcovic’s trip and Trump’s chaotic tariff policies could lead to a breakthrough. (....)