China | Beijing urges European Union to stop politicizing trade
China's Foreign Ministry Spokesperson, Mao Ning, denounced the European Union's tariff plan and said it was politically motivated. teleSUR
Transcript
00:00China urged the European Union to stop politicizing trade issues after the bloc revealed a tariff
00:07proposal on Chinese metal-electrics vehicles.
00:10China's foreign ministry spokesperson Mao Ning denounced the bloc's tariff plan and
00:14said it was politically motivated.
00:17According to the official, the new draft introduced modifications to the provisional tariffs announced
00:23in July.
00:24Mao Ning pointed out that cars exported by YDG, China's largest electric vehicle manufacturer,
00:31will face a 17-percent task, while those from Sainte-Motard in Shanghai will be hit by the
00:39higher rate to 36.3 percent, affecting the export market for Chinese-made electric vehicles.
00:53We urge the European Union to immediately correct its wrong practices, to stop politicizing,
01:01manipulating and weaponizing economic and trade issues, and instead to show sincerity
01:06in meeting China halfway, accelerate discussions on appropriate solutions, avoid escalating
01:11trade frictions and avoid affecting mutual trust and cooperation between China and the
01:17European Union.