BEIJING: Proposed European Union tariffs on Chinese goods are not a "punishment", Germany's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday (Jun 22).
German Vice Chancellor and Economy Minister Robert Habeck shakes hands with National Development and Reform Commission Chairman Zheng Shanjie before a meeting in Beijing, China Jun 22, 2024. on Chinese goods are not a"punishment", Germany 's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday .
"It is important to understand that these are not punitive tariffs," Habeck said in the first plenary session of a climate and transformation dialogue. Any countervailing duty measure that results from the EU review"is not a punishment", he said, adding that such measures were meant to compensate for the advantages granted to Chinese companies by Beijing.Meeting Zheng Shanjie, chairman of China's National Development and Reform Commission, Habeck said the proposed EU tariffs were intended to level the playing field with China.Proposed EU import duties on Chinese-made EVs would hurt both sides, Zheng added.
The EU provisional duties are set to apply by Jul 4, with the investigation set to continue until Nov 2, when definitive duties, typically for five years, could be imposed."It's important now to take the opportunity that the report provides seriously and to talk or negotiate," Habeck said. The countries acknowledged they had a special responsibility to prevent global warming of 1.5 degrees Celsius above pre-industrial temperatures, a level regarded by scientists as crucial to preventing the most severe consequences.
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