Germany Urges Caution Against EU Proposal on Tariffs for China-made Electric Cars

German Finance Minister Christian Lindner has called for opposition to an EU proposal to impose tariffs on electric cars made in China. He warned that a trade war could significantly harm the European and German automotive industries, urging Chancellor Olaf Scholz to make a definitive statement on the issue.

German Finance Minister Christian Lindner urged opposition to an EU proposal imposing tariffs on China-made electric cars in a conference on Wednesday.

Speaking at an event hosted by the BGA trade association, Lindner warned that engaging in a trade war with China would cause more harm than benefit, particularly affecting a key European industry and a critical sector in Germany.

Lindner emphasized the importance of Chancellor Olaf Scholz taking a clear position on the issue ahead of the EU vote scheduled for Friday.

(With inputs from agencies.)