"Rising tension: German carmakers fear China retaliation, EU trade chief denies decoupling, and Europe worries about data protection law"

1 min read
Source: POLITICO Europe
"Rising tension: German carmakers fear China retaliation, EU trade chief denies decoupling, and Europe worries about data protection law"
Photo: POLITICO Europe
TL;DR Summary

German carmakers are concerned about potential retaliation from China if the EU imposes duties on Chinese electric vehicles as part of an anti-subsidy investigation. German Economy Minister Robert Habeck acknowledged a divide between Germany and France on the issue, with France having less to lose due to fewer car sales in China. Habeck stated that German automakers fear counter-action if the European Commission finds evidence of illegal state aid and imposes anti-subsidy duties on Chinese electric vehicles. German industry officials had previously highlighted the diverging interests between Berlin and Paris, but this is the first time a senior German official has openly admitted the divide.

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