German minister says EU imposed tariffs on China not a punishment

 

German Economy Minister Robert Habeck clarified during his visit to China that the proposed European Union tariffs on Chinese goods, particularly electric vehicles (EVs), are not intended as a punishment. These tariffs are part of the EU's efforts to address what it sees as excessive subsidies benefiting Chinese companies.

Habeck emphasized that the EU's approach to tariffs differs from that of other countries like the U.S., Brazil, and Turkey, which have imposed punitive tariffs. He stated that the EU's measures are aimed at achieving common, equal standards for market access rather than punishing Chinese companies.

The proposed tariffs are intended to level the playing field and ensure fair competition. However, China has expressed concerns about the potential impact of these tariffs, with officials warning of a possible trade war.

Despite the tensions, Habeck highlighted the importance of cooperation between the EU and China, especially in areas like climate change and the green transition. He praised China's progress in renewable energy but also noted the need to consider overall CO2 emissions, particularly given China's significant reliance on coal for electricity.

The dialogue between Habeck and Chinese officials underscores the complex relationship between the two economic powers and the challenges of balancing economic interests with environmental concerns.