Swedish Prime Minister Ulf Kristersson and German Chancellor Olaf Scholz were asked at a press conference in Stockholm whether they support the EU following the United States in slapping tariffs on Chinese electric cars.'As far as tariffs are concerned, we are in agreement that it is a bad idea to dismantle global trade,' Kristersson told reporters on the second day of Scholz's visit to Sweden .Scholz noted that half of EVs imported from China were produced by Western manufacturers.
This is leading to an oversupply of Chinese subsidized goods, such as EVs and steel, that is leading to unfair trade,' she said.'Europe cannot accept such market distorting practices that could lead to de-industrialization in Europe.'Beijing has reacted furiously to what it calls EU 'protectionism,' and denied there was any problem of Chinese overcapacity.
Source: Car News Wire (carnewswire.net)
Sweden Lukewarm On Tariffs On Chinese Electric Cars
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese Embassy slams ‘malicious’ claims vs surge of Chinese students in CagayanThe Chinese Embassy in the Philippines on Thursday belied 'malicious' accusations from Filipino politicians following a reported increase of Chinese students in Cagayan province.
Source: gmanews - 🏆 11. / 68 Read more »
Opportunity: PhD position at Stockholm UniversityPRESS RELEASE: The Nippon Foundation-GEBCO Seabed 2030 project offers a four-year PhD position in Application of Machine Learning to Advance Bathymetric Seafloor Mapping and Data Compilation, hosted at the Department of Geological Sciences, Stockholm...
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Japan, Sweden to join civilian WPS missionPrivate individuals and embassy personnel from Japan and Sweden are expected to join the second civilian mission to the West Philippine Sea.
Source: gmanews - 🏆 11. / 68 Read more »
Sweden’s Crown Princess Victoria starts officer trainingSweden's Crown Princess Victoria will start a special officer training later this year to deepen her military training, as part of preparations for her future role as head of state.
Source: gmanews - 🏆 11. / 68 Read more »
Sweden votes on disputed gender reassignment lawDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
Germany vows to defend Baltic nations in event of Russian attack | Michael NienaberChancellor Olaf Scholz pledged to defend Germany’s three Baltic NATO allies in case of a Russian attack, and to complete the establishment of a permanent brigade in Lithuania by the end of 2027.
Source: BusinessMirror - 🏆 19. / 59 Read more »