China desires the European Union to revoke its resolution to impose provisional tariffs on Chinese language electrical automobiles after each side agreed to carry new talks, Global Times reported on Sunday.

China’s commerce minister Wang Wentao and Valdis Dombrovskis, government vice chairman of the European Fee, agreed to start discussions on the EU’s anti-subsidy investigation into Chinese language EVs, Beijing stated in a statement on Saturday.

The best final result China desires is for the European Fee to revoke its tariff resolution by July 4 and cling to World Commerce Group guidelines, International Instances reported, quoting observers.

The EU’s provisional duties of up to 38.1% on Chinese language EV imports are set to kick in by July 4 if discussions with Chinese language authorities don’t end in a decision, the fee stated in a statement earlier this month.

That is along with customary 10% duty already imposed on imported EVs.

Scrapping the tariff resolution on Chinese language EVs would profit each side, the report quoted observers, including that the financial and commerce cooperation between China and the EU was “large” and each side had been depending on one another..

The EU’s strikes will invite countermeasures from China, consultants warned, including that each side stand to lose except the scenario is resolved.

China has firmly opposed the tariffs, saying the move was “blatant protectionism” and will violate WTO guidelines, its commerce ministry stated on June 14. A Chinese language official instructed CNBC final week that the EU’s probe into Chinese EVs was overly selective and that the outcomes weren’t credible.

Learn the full report on International Instances.