Minister Weising: Oppose tariff barriers and ensure that Chinese electric vehicles enter the German market

According to news on May 9, German Transport Minister Wolfgang Wiesing recently publicly expressed his clear opposition to the EU’s imposition of punitive tariffs on Chinese electric vehicle manufacturers. Minister Wiesing emphasized in the interview that the German government prefers to keep the market open and competitive, rather than restricting the entry of Chinese electric vehicles through trade barriers. Minister Wiesing also said that the German government and the Chinese government maintain a good cooperative relationship and the two countries have close exchanges. He called on EU member states to remain rational and not adopt excessive protectionist measures, but to strengthen cooperation and dialogue. In recent years, China’s electric vehicles have continued to grow their share of the global market, becoming a global leader. Minister Wiesing said: “Our German government has always adhered to the principle of open markets and does not want to respond by blocking the market. Competition." He further pointed out that the German government is committed to ensuring that domestic companies create more value locally and maintain their competitiveness in global trade. To this end, the German government hopes that international trade can be conducted in a fair and unified competitive environment, rather than provoking trade wars through punitive tariffs.

Currently, the EU is conducting a countervailing investigation into electric vehicles produced in China and is considering imposing punitive tariffs. This action stems from an investigation last September by European Commission President Kleinder Lein into the distortion of market competition caused by Chinese subsidies. Minister Wiesing expressed concern about this. He believed that the imposition of additional tariffs may be detrimental to global trade, especially for countries like Germany that are highly dependent on global trade. This move may harm their economic interests.

This decision by the European Commission has raised questions. They found in a new study that the competitiveness of Chinese electric vehicles in the European market mainly stems from the cost advantages of Chinese manufacturers and the pricing strategies of European automakers, rather than relying solely on subsidies. In addition, according to the editor's understanding, the study also pointed out that if the EU imposes additional tariffs, it may cause consumers to pay more than 10,000 euros more for each electric vehicle. This will undoubtedly increase consumers' car purchase costs and further affect electric vehicles. healthy development of the market.

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