Discussions between the EU and China over customs issues deemed "positive initial action" by Habeck

Discussions between the EU and China over customs issues deemed "positive initial action" by Habeck

In the coming weeks, further actions will ensue. This news comes as the EU Commission imposed potential penalties on Chinese-made electric cars, which could go into effect as early as July. The EU authorities found evidence of "unfair subsidization" in China's battery-powered electric vehicles during a competitive investigation, a move that could potentially harm EU manufacturers.

Habeck attempted to mediate the conflict with China. Recent developments show that Brussels and Beijing have established a "plan for preliminary discussions," according to Habeck. While this is far from a resolution, at least progress is being made towards conversation.

Due to the Chinese market's significance to the German automotive industry, the German government stepped in to advocate for their sector within the EU. However, there has been internal disagreement within the EU on this matter.

Habeck stressed that he visited China as the German Economics Minister, but his mission was to "amplify the German perspective within Europe." He collaborated closely with the Commission and acknowledged that Germany alone could not bring about change. "If we don't act collectively as Europeans, then we risk being dismantled by other economic powers someday," warned the Vice-Chancellor. "This is about preventing the collapse of the open trading world into numerous regional protectionist, insulated zones."

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1. Robert Habeck, following the positive initial action mentioned in the daily news about the EU-China customs dispute, expressed optimism for future discussions.
2. Valdis Dombrovskis from the EU Commission commended Habeck's efforts in mediating the conflict and establishing a plan for preliminary talks with China.
3. The ARD news reported that the Chinese market is crucial for German automotive industries, prompting Habeck to advocate for EU manufacturers during his visit to China.
4. Amidst internal disagreements within the EU, Habeck emphasized the importance of acting collectively to prevent the collapse of the open trading world into regional protectionist zones.
5. In the context of the customs dispute with China, the EU Commission imposed potential penalties on Chinese electric cars, with consequences expected as early as July.
6. This issue raises moral conversations within the EU, as the subsidies in China's electric vehicles industry are perceived as unfair and potentially harmful to European manufacturers.

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