Germany Stands for Open Markets Amidst EU-China Trade Tensions

Germany is actively supporting EU-China negotiations to resolve trade tensions, following raised tariffs on Chinese electric vehicles by the EU. The German government emphasizes open markets, highlighting its dependency on global economic connections, and is pressing for a diplomatic solution.

Germany has expressed its backing for the EU's ongoing negotiations with China, aiming for a diplomatic resolution to lessen trade tensions, as stated by the economy ministry on Tuesday. This comes on the heels of the EU's recent decision to increase tariffs on electric vehicles imported from China.

The German government remains committed to maintaining open markets and is actively working towards a negotiated resolution with China, a ministry spokesperson revealed in a statement. The spokesperson emphasized Germany's reliance on open markets, given its position as a globally interconnected economy.

Tuesday's announcement underscores Germany's dedication to diplomatic engagement, as it navigates the complexities of international trade relations while ensuring the protection of EU industries.

(With inputs from agencies.)