Hey there! 👋 Big news from Europe: Germany's Economics Minister Robert Habeck is calling for a chill chat between the EU and China to sort out the whole electric vehicle (EV) tariff mess. 🚗💬
Habeck dropped a statement on Tuesday saying, \"We want to dodge a trade conflict that could spiral into a tariff war, which would be a lose-lose for everyone.\" He’s all about finding a political fix to keep things cool. 😎👍
He also gave a nod to how mega-important China is for both German and European economies. \"Fair competition is a must, and we’re up for it!\" Habeck added. ✅🤝
He thinks the European Commission and China should get together for a heart-to-heart and hammer out a deal. 🗣️🤝
This isn't the first time Germany's been like, \"Hey, let's talk it out!\" Last week, a German government spokesperson echoed the same vibes. They were kinda skeptical about the EU's plan to slap extra tariffs on Chinese EVs, and they’re glad that chats between China and the EU are still rolling to avoid any tariff drama. 🙌
Even Spain's Prime Minister Pedro Sanchez is in on it, urging the EU to rethink the whole extra tariffs idea. 🇪🇸🔄
ICYMI, the European Commission put some extra tariffs on Chinese EVs back in July after starting an anti-subsidy probe in October 2023. But lots of folks are worried this could backfire, making the EU less competitive, slowing down the green energy switch, and cranking up trade tensions with China. Not exactly the goal! 🌍⚡️
So, fingers crossed for some smooth talks and good vibes ahead! 🤞✨
Reference(s):
German official urges political solution to EV tariffs with China
cgtn.com
