Here's your summary from Autos Stocks Gain as China, EU Agree to Hold EV Tariff Talks (https://www.youtube.com/watch?v=rfE1GQT5wBs) on the Bloomberg Television channel:

**TLDR:** China and the EU are discussing EV tariff talks to address concerns about overcapacity and subsidies in the electric vehicle industry.

1. The EU is engaging in talks with China regarding tariffs on electric vehicles due to concerns about the volume of Chinese EVs entering their markets and the level of subsidization in the industry.

2. There is a desire to limit retaliatory measures from China, such as tariffs on imported vehicles with large engines, and potential threats on other industries like dairy and wine.

3. Both Washington and Brussels share concerns about overcapacity in China's electric vehicle and battery industries, which could impact global competitiveness.

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