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german chancellor and finance minister oppose tax increase on chinese electric vehicles

2024-10-04

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reference news network reported on october 3according to latin american news agency reports on october 2, german chancellor scholz called on the eu to manage trade risks wisely on the 2nd to avoid imposing punitive tariffs on electric vehicles from china.
"trading more with more partners in more countries is smart risk management in an uncertain world," he said while speaking at an event at the german wholesale and foreign trade association.
scholz also said that "of course we must protect the economy from unfair trade practices" but that as an eu our response "must not lead to our own harm. that is why negotiations with china on the issue of electric vehicles must continue." negotiation".
he pointed out that in the international context of so-called "decoupling", "trenches are being dug and walls are being built everywhere", and the consequences may be more serious.
germany likes to "trade with its friends, but not only with them," he said.
scholz also called for respect for the principles set by the world trade organization and the normal functioning of the multilateral institution. he said the wto's authority to resolve trade disputes must be reactivated to help reduce tariff disputes.
eu member states are expected to vote on october 4 on a proposal to impose high tariffs on electric vehicles from china.
in addition, according to a reuters report on october 2, german finance minister christian lindner said on the 2nd that germany must oppose the eu's proposal to impose tariffs on chinese-made electric vehicles and avoid a trade war with beijing.
lindner said at a conference hosted by the german wholesale and foreign trade association: "for a key industry in europe and a key sector in germany, a trade war with china will do more harm than good." (compiled by wang meng and liu baiyun)
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