German Chancellor Olaf Scholz says that it’s still possible to reach a deal with Chinese EV makers that would reduce large tariffs on their exports to the EU.
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00:00German Chancellor Olaf Scholz says a deal between the EU and China on tariffs on electric
00:05vehicles is still possible.
00:08His comments followed reports that Germany plans to opt out of an EU vote on Monday to
00:14impose up to 37 percent tariffs on Chinese EV imports.
00:18The EU accuses China of unfairly subsidizing its EV companies, resulting in artificially
00:24low prices.
00:26Germany, the most outspoken critic of the tariffs in the EU, is concerned these measures
00:31will harm its own auto exports to China.