Managed trade isn't good but is best way forward for China and EU

Planned EV tariffs could set off tit-for-tat retaliation that would hurt both sides

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20240618 ev export

EVs to be loaded for exported in Yantai, China in March: Prospects for European companies producing EVs on the continent are grim. (FeatureChina via AP Images)

Stephen Olson is senior adjunct fellow with the Pacific Forum, a foreign policy research institute based in Honolulu, Hawaii, and a visiting lecturer and nonresident fellow with the Clayton Yeutter Institute of International Trade and Finance in Lincoln, Nebraska.

In the wake of the European Union's provisional decision last week to impose punitive tariffs on EV imports from China, the table is now set for Brussels and Beijing to strike the kind of messy, managed trade deal that drives trade purists crazy but which can sometimes ameliorate otherwise intractable political problems.

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