The photo taken on January 10, 2024 shows electric cars for export waiting to be loaded on the ‘BYD Explorer NO.1’, a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe.
“From our point of view, it would be very desirable if we could reach an amicable solution. We don’t need further trade barriers, we need to facilitate global trade,” Scholz’s spokesperson told a briefing earlier this week. “At the same time, however, it must remain and become fair. In this respect, the EU Commission and the Chinese side must now discuss this with each other. We also encourage everyone who should take part in these talks to do so.”In a sign of further escalation, Chinese firms have now formally applied for an anti-dumping probe into pork imports from the EU, the state-backed Global Times reported.