Tariffs the wrong solution: German car trade group

CGTN Europe

The German Association of the Automotive Industry says EU tariffs on Chinese EVs are counterproductive and “make electric mobility even more expensive in Europe.”  #EU #ElectricVehicles

Transcript

00:00In general, we believe that fair and global trade is very important and we are in favor of it.

00:07Of course, there are challenges and the anti-subsidy report of the European Union has shown these challenges,

00:14these problems that we are facing in China.

00:18So there is no question about that.

00:20There is need to talk and need for improvements.

00:23But tariffs are not the right solution, since it could be the beginning of a trade conflict that would only know losers.

00:32And also, since these tariffs now will, in a very critical momentum,

00:36make electric mobility even more expensive in Europe, in the European market,

00:41which is not good for the consumers, not good for the climate.

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