The European Union and China agreed Thursday to intensify discussions as the two sides seek ways to avert looming tariffs on electric cars ahead of a deadline that’s only days away.

The European Commission and China agreed to intensify efforts to avert EU import tariffs on China-built electric vehicles and could re-examine a minimum-price deal previously rejected by the EU, the Commission said on Thursday.

While both sides commit to further talks, European Commission plans to impose duties on Chinese EV imports to counter Beijing car subsidies The top trade officials from the European Union and China failed to reach a deal on ending a bitter dispute over electric vehicles during talks in Brussels on Thursday.

Europe needs China as a “strategic partner” in helping build the bloc’s electric vehicle industry, a top Spanish official said, echoing Prime Minister Pedro Sanchez’s position against EU plans to slap tariffs on Chinese cars.

Brussels and Beijing have agreed to take a new look at price undertakings, which could avoid extra tariffs on China-made electric vehicles.

Makiyama, Director of the European Centre for International Political Economy, speaks to CGTN Europe about the talks between Minister of Commerce of China Wang Wentao and Vice-President of the European Commission Valdis Dombrovskis.