In a significant development, China and the European Union (EU) have reached a 'soft landing' in their ongoing trade dispute over electric vehicles (EVs), as reported by Pakistan Today. This agreement follows multiple rounds of negotiations and allows for the import of a China-made Volkswagen SUV under a minimum price and quota arrangement, exempting it from additional tariffs. Ministry of Commerce spokesperson He Yadong emphasized the importance of this agreement, stating it was 'widely welcomed by industries and stakeholders in both China and the EU.' The EU has committed to a 'non-discriminatory evaluation process,' which is expected to foster further collaboration between Chinese EV manufacturers and the EU market. This resolution is seen as a milestone, encouraging other Chinese EV makers to explore similar tariff reprieves, as highlighted by WION.