Swedish Prime Minister Ulf Kristersson and German Chancellor Olaf Scholz were asked at a press conference in Stockholm whether they support the EU following the United States in slapping tariffs on Chinese electric cars.'As far as tariffs are concerned, we are in agreement that it is a bad idea to dismantle global trade,' Kristersson told reporters on the second day of Scholz's visit to Sweden.Scholz noted that half of EVs imported from China were produced by Western manufacturers.
This is leading to an oversupply of Chinese subsidized goods, such as EVs and steel, that is leading to unfair trade,' she said.'Europe cannot accept such market distorting practices that could lead to de-industrialization in Europe.'Beijing has reacted furiously to what it calls EU 'protectionism,' and denied there was any problem of Chinese overcapacity.