German trade minister in China: EU import duties not a punishment | News in brief

German trade minister in China EU import duties not a

During the visit of German Trade Minister Robert Habeck, China warned of the danger of a trade war.

The EU’s proposed tariffs on products from China are not a punishment, the German trade minister says Robert Habeck in Beijing.

According to Habeck, the tariffs will level the playing field with China with its own actions.

Director of China Development Commission Zheng Shanjie replied in his meeting with the German minister that China will do everything to protect its companies.

On Friday, China warned the EU about the danger of a trade war.

The EU plans to increase import duties on electric cars made in China, because it considers that China is supporting the industry with subsidies that distort competition. China, on the other hand, intends to take a blind eye to pork imports from the EU.

Reuters

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