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EU tariffs on China not a ‘punishment’, says German economy minister

2024.06.21 23:31

BEIJING (Reuters) – Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday.

Habeck’s visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers excessive subsidies.

China warned on Friday ahead of his arrival that escalating frictions with the EU over EVs could trigger a trade war.

© Reuters. German Vice Chancellor and Economy Minister Robert Habeck shakes hands with National Development and Reform Commission (NDRC) Chairman Zheng Shanjie before a meeting in Beijing, China June 22, 2024. REUTERS/Maria Martinez

Meeting Zheng Shanjie, chairman of China’s National Development and Reform Commission, Habeck said the proposed EU tariffs were intended to level the playing field with China.

“We will do everything to protect Chinese companies,” Zheng replied.



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