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Beijing said it wants to continue negotiations with the European Union despite tariffs of up to 35.3% on battery-powered electric vehicles from China entering into force on Wednesday. The Ministry of Commerce in Beijing said it hoped that the EU would work with China “to quickly find a mutually acceptable solution to avoid an escalation of trade conflicts.” The EU Commission announced the extra tariffs in July after an investigation accused Beijing of subsidizing their domestic electric car manufacturers and thus distorting the market in the EU. China has repeatedly said that the investigation…

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