Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Germany's Scholz Cautious on EU Probe Into Chinese EVs
Posted
September 28, 2023
Views
108,200
Likes
4,080
Comments
458
Engagement
4.19%
September 28, 2023
108,200
4,080
458
4.19%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:00Now PlayingGerman Chancellor Olaf Scholz poured cold water on the European Union’s anti-subsidy investigation into Chinese electric vehicles, warning against taking protectionist actions that could harm domestic industries.
“We want to sell our cars but that means we are also open to receive cars from other countries,” Scholz said Thursday in a discussion with Bloomberg’s Stephanie Flanders at the Berlin Global Dialogue forum. “Now there are German cars in Korea, and Korean cars in Germany — what is the problem?”
Germany stands to be the country most affected in the EU in the event of a tit-for-tat tariff dispute with China. If levies are imposed, Beijing’s most powerful response would be to restrict access to its vast market — something that would hit German automakers hardest as they sold 4.6 million cars there last year.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
