EU Tariffs on China Not a 'Punishment': German Economy Minister
Germany's Economy Minister, Robert Habeck, emphasized during his recent visit to Beijing that proposed European Union tariffs on Chinese goods, particularly electric vehicles (EVs), are not intended as punitive measures but rather as a means to address concerns over subsidies and ensure fair market practices. The EU's move to impose tariffs on Chinese-made EVs has sparked tensions, with China warning of potential trade war repercussions. Habeck, in his discussions with Chinese officials, clarified that these tariffs are part of an extensive review process by the European Commission to determine if Chinese companies have benefited unfairly from state subsidies. "It is important to understand that these are not punitive tariffs," Habeck stated during a climate and transformation dialogue session. He pointed out that while other countries like the US have employed punitive tariffs, the EU's approach aims at establishing common and equitable standards for market acc...
