Europe risks trade war, China says before German talks

Europe risks trade war, China says before German talks

Malay Mail Online - Money·2024-06-22 15:00

BEIJING, June 22 — Beijing warned yesterday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy minister arrived in the Chinese capital with the proposed tariffs high on his agenda.

Robert Habeck’s three-day trip to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles to combat excessive subsidies. That has unleashed countermeasures by China and harsh criticism from Chinese leaders.

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