- cross-posted to:
- worldnews
- cross-posted to:
- worldnews
Germany wants the EU to set tariffs on electric vehicles at a low level to avoid severe retaliation from Beijing.
Germany has launched an 11th-hour bid to avert a full-scale trade war between Europe and China, resisting French calls to hit Chinese electric vehicles with punitive duties.
With a decision by the European Commission imminent, both Paris and Berlin have ramped up their lobbying efforts — with conflicting messages on just how tough Ursula von der Leyen’s executive should get on Beijing.
The EU executive is expected to inform Chinese EV-makers on Wednesday of temporary duties resulting from its probe into unfair state subsidies. EU member countries would then vote this fall to confirm the duties — making it vital for von der Leyen to pitch them at a level that the bloc’s two heavyweights can live with.
Germany has been on the appeasement track for well over a decade at this point.
To be fair, they’ve become pretty gunshy and conflict-averse since that bad time with mustache guy, but the effects of that tendency are very frustrating at times.