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Scholz opposes tariff conflicts with China

0 Comment(s)Print E-mail Xinhua, October 18, 2024
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Federal Chancellor of Germany Olaf Scholz visits Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in Jiulongpo District of southwest China's Chongqing Municipality, April 14, 2024. [Photo/Xinhua]

German Chancellor Olaf Scholz on Thursday expressed his opposition to tariff conflicts while delivering a statement to the press in Brussels.

Scholz stressed that such conflicts lead nowhere and emphasized the importance of using the World Trade Organization to resolve trade disputes.

Speaking on the sidelines of the European Council meeting, Scholz reiterated his stance against escalating tariff tensions with China, a point he also made in a speech to the Bundestag, Germany's lower house of parliament, the previous day.

He noted that major German carmakers, along with 17 EU countries, oppose the imposition of tariffs on China.

While highlighting the need for Germany to boost its competitiveness in the electric vehicle market, Scholz emphasized that this should not be achieved through tariffs.

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