Could new tariffs on Chinese cars backfire? | DW News
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- Опубликовано: 4 окт 2024
- As the European Union hikes tariffs on Chinese e-vehicles over what it sees as unfair subsidies by Beijing, former trade commissioner Cecilia Malmström says in an exclusive interview with DW that China is clearly not playing fair. But she warns that subsidies mean higher prices and also possible retaliation.
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The ex trade commissioner said European should subsidize its auto industry, lol, how ironic.
and the France - leader of the countries pushing for the tariffs increase, is subsidizing its agriculture for decades. So of course China will set the new tariffs for wine, cheese, cognacs and luxury ware from France.... BTW how much time passed, when Macron was in China doing deal with Airbus and speaking about multipolar world and that EU must by more independent of the USA, looking at its own interests first ...
China subsidizes both its domestic producers as well as foreign producers such as Tesla. How is that unfair when China has already pledged globally to be carbon neutral by 2060 in which the west again complaint that China was not meeting EU target of 2050. China exports 20% of its EV output whilst Germany exports 70% of its auto industry output Who is over capacity
US and EU subsidize both Boeing and Airbus along with military contracts
From my perspective in the global south this is just purely double standards
Not all subsidies reach the threshold of "unfair trade practices". Maybe those by the US government to Boeing, and EU member states to Airbus...then by all means put tariffs on them. I'm glad to see we're putting tariffs on Chinese EVs.
@@beautanner8409 EU just does what the US tells them to do. The US is on a containment stance against China to maintain it global hegemony position. But it would not work if anyone knows the 5000 years history of the Chinese civilization., What worries us in the global south is that the US might even want to go to war directly against China if that containment policy fails as to maintain that hegemony stance which is dangerous for everyone on this planet
From my prospective from global north, last I checked china is in northern hemisphere and own global south’s axs.
Exactly. The 🇺🇸 and 🇪🇺 just can't compete.
Eso, no parara a los fabricantes Chinos😂. Ahora China enviara montara fabrics en paises esuropeso, y paises aue tengan acuerdos comerciales con Europa, tambien exportaran mas vehiculo de combustion e hibrido😂. El refriasdo se a calmado, pero no se a ido😂@@beautanner8409
Doesn't Germany subsidize their car industry too? Doesn't the US bail out theirs whenever needed?
Tf is the difference
No, Germany nor US ever Subsidized their Industry , NEVER, IT'S Called Re-tooling Assistances.😂
The fact it needed a bail out means it wasnt subsidized. Also US car companies mostly sell in the US. Its not a issue if you sell your self. No one has a issue if china sells to china
@@WorldIsWierd Bail out will do pity Kodak wasn't Offered one THEN🤣
@@WorldIsWierd oh, we do have lots of imported American car here in China. not need to talk about German cars.
The EU have already lost this one that's what happens when you get comfortable ask Nokia and blackberry ..people have decided they want cheap evs
Somehow, the EU spending one third of its entire budget on subsidies to agriculture is okay. Perhaps the Chinese importing agricultural products from the EU have a different view.
this is why China can easily find a basis for tariffs on EU agricultural exports in retaliation, especially on non-essential things like cheese, chocolates and wine.
Don't we all have emissions targets and shouldn't't governments be subsidizing the transition?
Neolibs hat this fact lol
before yes , but now no ,you don't ,you guys just gave up
EU need to follow the empireU$ policy.
Yeah it’s why they are BS.
Yeh but not if you going to cause millions of you own people to be unemployed. If you want to make a good, sell it to your own people. Making goods strictly to sell to other countries should never be seen as anything as a gift.
Europe's car market is subsidized also , does that make it not fair ? We subsidize much more than the car manufacturers .
If going electric was really about "saving the planet" then you would be happy that the Chinese government was going to subsidize our transition to renewables but instead we are putting massive tariffs on wind turbines , solar panels and electric cars from China.
While Europe has been playing scrupulously fair for the last couple of hundred years. Tough tootie, Europe!
Title should be...EU's anti-competitive true nature.
They have no right to protect their own market like China does?
*Quit
Title should be China's state funded companies rigging competition.
@@dennisestradda9746yes they have right to protect their market, companies and workers but don't act clean or even righteous by a calling not fair subsidized game.
@@dennisestradda9746
No, you have no right to force consumers to pay more, for worse products, because you obey billionaire shareholders at poor quality brands like Volkswagen, Renault, Skoda, etc.
Tariffs are there to make life hard for China, not to help EU
The neoliberals want u to think those two are the same thing
@@luodeligesi7238 but they harm eu citizens the most. There are vidoes from BMW sales in China. BMW there with full extras is more cheap then stock skoda in EU, and they still earn money.
@@nenadmitrovic3469 yes they do. The politicians want people to think that the tariffs are going to help them somehow by punishing China, but it only makes things more expensive for the EU consumers who will either pay the cost of the tariffs for foreign products, or will still pay more for locally-branded, foreign-produced products
wont help
No, what happens to european workers that make cars. Are we going to make it so they have no job just to sell cheap subsized chinese cars
Can't really think of many EU decisions that don't backfire.
Why doesnt the EU just subsidize EV development too? Its not as confusing as its made out to be.
Because state run companies fall on their face. They want competition but only among thier own companies so there citizen make the cars and have jobs
Because a lot of consumers do not want them. And, we are avidly against our tax dollars being used for these subsidies.
The EU already does subsidise electric vehicles, but European companies are still uncompetitive
Doesn't fact that building and selling EV's profitably without tax payers money tell that product isn't competetive? Even Teslas profits from taxpayers money and artificial systems like carbon credits. On open market without subsidies, there would not be EV's in market most likely
@@viljamikoivunen6297 but there's almost no such thing as the absolute "open market", the price of almost everything is subject to some form or state intervention. For petrol cars, the cost of fuel is key. US foreign policy and the petrodollar system help ensure that the USA and its Western allies have access to fairly cheap oil from the Middle East. Even if the USA drills its own oil, the environmental standards application to drilling and cost attributed to environmental damage will influence the oil price. And if we accept global warming is real then there needs to be a price attributed to carbon emissions as well, and it's government that determines that price
One has to wonder how a person that says such nonsense as “we will tell them (the Chinese) to behave“ was able to get high political appointment in EU bureaucracy.
They think too highly of themselves. They also think the world is owned by them, the west.
EU executives' appointments depend on the US, which is turning into a US viceroyalty
Is it just me who thinks its contradictory to accuse the Chinese gov of subsidizing its EV market while same time stating you will have to subsidize your citizens & companies to ramp up EV usage & build out EV charging infrastructure through out the country. US has already been subsidizing their companies for years, not too sure about EU
It is not about fairness. It is about protectionism. Don't mask the real issue.
Do you think that the Chinese market is open? 🤣
the west loves loooove free trade, well until it doesn't benefit them
@@michaelprovence I think the difference here is that, with all things equal, China is able to develop industries that are competitive, while the West can only barely keep their dinosaur legacy brands alive.
WV sell 35% of their cars in China, BMW 32%, Merc 30%, I can hardly understand how that is protectionism.🤣🤣🤣
@@michaelprovence I love when you commented and be so assertive when you don't know what you are talking about.
did EU play fair in ICE age? no subsites at all?
It is not fair??? But when you were earning billions in China, was fair??😂
Is that why China limits the purchase of every country and they have a trade surplus with every country?
@@dennisestradda9746 they have surplus cuz they produce more efficiently
@@andia968 more like have slaves and trying to monopolize the markets and destroy local markets to become dependent
Course , they don’t have any car industry before 😂
@@dennisestradda9746 with more expensive energy, you already lost compete on the starting point.
Her lies through her mouth is clearly visible her expression says it.
Such a silly excuse to hide their inability to compete...
So, EU need to follow the empireU$ policy.
yeh making sure millions of europeans working in car companies is a US policy
Career wumao
The Australia government used to subside its domestic car maker -Holden ,but that company still went out of business.
Now this clowns in my government are talking about Chinese made EV's are a security threat. No limit to their subservience to the US
the problem is, no car makers in EU wants this tariffs, why EU commission want this?
they just want political wins.
Liberalism and Free Market as its best !
Tell This China
@@hamodalbatal464China is doing it now except nato countries
Yeh to you own country. Free market between country cause cheaters.
First, we want to save the environment. Someone has worked hard to give us green vehicles so that we can save the environment. I don’t see anybody working so hard on that. Everyone else was just sitting around while China was working. It’s just like: We have a calculus test next Monday. Then we party and drink until Sunday. When the test comes on Monday, we say, “China is not fair because she studied the whole week and we were just partying and drinking until Sunday night.”
20 years ago, when China's air pollution was serious, the European and American governments said: You should be responsible for global environmental damage.
China said: OK, I will close all companies that pollute the environment. And plant trees in the desert.
Now the European and American governments say: The CCP subsidizes new energy companies, you destroy the market
Pure EU protectionism. Unfortunately the EU still cannot build the batteries independently. China has the EU by the short and curlies.
How is it not fair? Do you know how much more expensive German cars compared with other countries!
This is silly. Tarrifs aren't designed to raise money, they're designed to do the opposite. If they are making money, it's a sign that they're not high enough to adequately change consumer behavior since consumers r still buying the Chinese cars.
Politicians are either too dumb to understand that, or they hope the electorate is too dense to figure it out
totally bull#### conversation
If i was China I would put tariffs on german car brands selling in China. Its not fair that they can sell massive amounts in china (30-40% of their sales are made in china) yet at the same time china isnt allowed to fairly sell in the EU
@LukaB-j1h many of the European cars sold in China are actually produced there. Also there was an obligation to have a joint venture with a Chinese enterprise (and Chinese majority of course) if a foreign company wanted to produce in China. Nothing of the like was the case elsewhere. So it's not like they couldn't have anticipated something like that.
No, China will put tariffs on Franch and Italian products, it is the cost of involving China in their little fight agaist Germany.
Why is it ok for EU to export cars and goods to China but not the other way? Same question for US. Is it not fair?
You said like the CCP didn't impose tariffs and all kinds of taxes, rules, and regulations that forced foreign companies to transfer or share their technology with Chinese local companies over the last 2-3 decades. This is just a taste of CCP's own medicine, and you can't stand it? It's too late, as CCP has been doing this to foreign firms for too long and too far. Now, everyone is doing the same thing back to china.
Because the West believes that only they should make profit and not anyone else
True why can China export stuff to the US and EU and not the other way around? Tiktok is allowed in the US and EU but Twitter, Facebook, etc are not allowed in China.
@@america1754because COMMUNISM CANNOT WIN !
The main issue that the EU and the US have with China is not necessarily that they are exporting cars, but the way that they are doing it. European and American car manufacturers are unable to compete with their Chinese counterparts because the Chinese Government actively funds and supports these companies in a manner which isn't consistent with international trade law. It would be only fair if the Chinese car manufacturers were completely separated from the state, which is unlikely due to the structure of their mixed command-market economy.
Did the words imposing a %100 tariff on Chinese cars and China is not playing fair in the same sentence come out of her mouth😂
triggered europeans cant compete
they are still living in the 20th century
Hypocrites at best. It's good when you are the one flooding the market, and not the other way round.
Yes it will backfire….😂
This is a backfire against the CCP’s behavior over the last 2-3 decades.
China still mad regardless
And China still the EU biggest customer in auto it's two headed snake either way it's bites
we been listening to the specialist for a long time and look where it has got the us to.
As a result EU will have a smaller and smaller share of the China market in cars, luxury goods, costly drinks, dairy, agri ... So plan for it.
If China is subsidising EVs sold in other countries, the consumers there benefits from Chinese tax payers!
every country subsidizes their domestic industry, Europe complain because they can't compete with the Chinese, and it has nothing to do with unfair practice
There's nothing "unfair" about having a government help the world become better. I don't care about VW and their polluting cars. Europe should transition to real automation and robotization to compete.
the Europe(mostly Germany auto industry) is struggling not in Europe but in China , which is the biggest car market in the world, twice the size of the US market, AND tariffs wont help that !
Correct, that seems to be the point that no one understands 👍The danger is that tariffs make European car industry even less competitive and they lose further market share in China and rest of the world.
*Consumers will pay the tariffs if they buy Made in China products.*
In fact, the money that the Chinese government used to subsidize their own companies will go directly into the EU Treasury's account.
That's not how tariffs work. Did u learn that at Trump University?
Esto se hace para reducir la demanda de los coches chinos y hacer más competitiva la industria nacional, los chinos no es que te regalen el dinero, tu gente tendrá que pagar más y eso irá directamente a la cuenta del tesoro Europea. En otras palabras esto castiga a tu gente y beneficia a las industrias.
@@luodeligesi7238 I mean he's not entirely wrong.
Chinese subsidies made the cars artificially cheaper, EU tariffs make them more expensive.
@@JG-xi4tu they make them more expensive for the consumer, who ultimately pays the cost of the tariffs. The money going to the EU's treasury is coming from EU consumers, not the Chinese government.
And if the tariffs actually work, consumers will switch to more expensive, domestic cars, in which case no money enters the EU treasury.
@@JG-xi4tu this idea that, if we put tariffs on Chinese products, the Chinese government will in effect subsidize our entire way of life and things will be so much cheaper for us, is a very delusional fantasy.
It's petty. Of course it will backfire.
I thought Europe always advocated for free trade between countries.
So game is not fair when you loosing it.
Common Agricultural Policy is subsidizing EU farmers. Spanish pork, Danish ham, French wine.
The EU is subservient to the US and now they are feeling the pain and the pain will get stronger.
pain for the people only , politicians get very rich following the empireU$ policy.
@@happymelon7129 politicians get rich either way, that is the reason they get into politics
贸易战只会伤害中国吗？最大的输家可能是德国，中国市场关乎德国汽车工业的生存！
中国可以在匈牙利建设工厂避免关税
China is effectively using its large population and area to produce products so cheap that world fears them of coming in there own markets,
Only exception is India ,having population similar to China , even more younger but still even not come half way of China in manufacturing and skilled labourers, its all because of mindset and lack of vision for long term ,
Bloody democracy 😔.
If this is democracy, then I don't want it , what the benefits of democracy if Chinese have better life, more purchasing power, better currency, everything better than any democracy.
As, an Indian ,i admire China as true world leader, who is controlling everything in world right now,.
Just west and some people are trying to defame them , who never visited China .
If have doubt, go watch vloggers who have travelled China ,they will tell you truth .
And please don't call me chinese bot, iam not bot.
Iam just releasing my frustration of giving so much right to people in democracy is destroying us and world ...
Facts ✨
Yeah people like you can shove off to Pakistan, Afghanistan, etc if you don't like Democracy.
If this is India then I also want separate country for South India. Many people are in South India are fine with it if they can get it without any violence/bloodshed.
The basic things are digitising every inch of land records so real estate ownership details are visible online and fixing bad laws like gender biased laws, legalising prenup, mandating bodycams to Police, mandating CCTV in Police stations, etc. But instead of doing these important things, Modi does timepass and (relatively)useless stuff.
The problem in India is that people try to force their personal morals onto society. Food habits, dressing, live-in, sleeping around, etc. Only absolutely necessary things needed without which society cannot function should be forced and let people decide what they want for all other things.
Democracy allows you to choose someone who speaks well, rather than someone who has proven his achievements over decades of work
Come to the Netherlands before you run your mouth again about the west. The west is not usa
Govt of India loves Reservation and Reserved category public loves to work less and rely on the govt jobs they get by scoring less marks in the govt entrance exams.
Could new tariff on China EV backfire?
Short answer, yes..
Especially EU agricultural products and luxury goods.
China population is 1 4 billion is more than US ÷ EU population combine and few hundreds of people to dpare. For Hundreds of years US and EU selling thrir products to China without complaints of overcapacity nor tariff imposed. Now China started selling to US and EU , now its a big issue. Think of how much profits have the EU ÷,US have made all these hundreds of years.
Tariffs make no sense with production being multinational
What's your alternative?
@@therealavolpe don’t know. But I’m against tariffs
@@martinbebow9190
Well everything else was discussed in detail, and yet still they were imposed. This is what happens when you "leave things too late"..
@@therealavolpeno sanctions. But subsidies for our own car industries that keep them competitive. That holds true for any other strategic industrie as well.
@@HybridHumaan
Don't you think the C,hinese would just subsidise theirs even more if the EU did that..
The EU is dumb. Look at Norway. 93% of new cars in Norway are EV. EVs have surpassed petrol cars in Norway.
You know why? Because the government made it cheaper to own EV than a petrol or diesel car.
The governments goal is that by 2025 100% of new cars sold will be Electric.
And by 2050, most vehicles will be Electric.
If the EU wants to become Electric then make it cheaper to have an Electric vehicle than fossil fueled.
They have a lot of "homework to do" because THEY DID NOTHING IN THE PAST... Bringing cookies to EU Parliament and smiling to each other on conferences. START DOING SOMETHING!
It's not about tariffs. It's about security.
Darling...what security you are talking about?? Care to elaborate?
Why are subsidies not fair? The EU subsidies loads of its industries, include fossil fuels and cars? Why does competition have to be private? The EU is competing against China and loosing - and instead of stepping up and helping their manufacturers they complain they are loosing and sell petrol vehicles that kill the planet.
The EU has subsidised diesel with lower emission standards and taxes for over 20 years (and is still going on: diesel has a lower tax in many EU countries). That was effectively an unfair playing field for auto manufactures who developed hybrids, but nobody cared then because it protected the german auto industry
I though EVs were so expensive, terrible to drive and nobody wants to buy them, also we have charging network problems. So why do you put tariffs on Chinese EVs?
Very simple, China after stolen all trade and manufacturing secrets and dumping their government subsidized EV into the EU so they will come the only monopoly.
They did this earlier with thousands of products and just a recent example the solar panels. They produced them so cheap and sold them on loss that no company in Germany were able to complete with these unfair advantage.
To protect the markets, duh they have every right
To protect your safety
"China is not playing fair, and it is important that we tell them that..." LOL
The old colonialist Continent finally coming to terms with modern economies that have eaten their lunch
Hopefully one day you recognize how two-faced your thinking is. When Europe and the U.S. are the ones providing the subsidies, it's called humanist progress. When it's your competition, it is unfair and immoral. Which one is it?
The impact on other European countries is minimal. But Germany's automotive industry will shrink by at least one-third, and German cars can leave China now. It is reasonable for Germany to reduce its GDP by $50 billion annually.
I said this 5-6 years ago: all the money will go to China, so please promote EV more and more 😂
I can easily see China putting high tariffs on milk and other dairy products from Europe. Milk consumption has rapidly decreased in China in recent years, so putting high tariffs on imported milk would not hurt China's economy at all. If anything, it would help struggling domestic dairy producers. However, even without tariffs on dairy, European exporters are bound to see declines in sales to China.
Also eu car
@@Robot3527 Sure, but very few cars are exported from Europe to China. Most European cars sold in China are also made in China.
to counter authoritarian China, India is evolving.
So China subsidize EV car company.
EU also subsidize US weapon company (Funded Ukraine) .
Plus near Zero Tax for US Company like Tesla.
No it will not backfire as they will eventually ban them outright due to security reasons
You are right; very few people understand this.
Here we go again.... the enlighten one talking about security.....
@@EasternKalogeros are you aware what is happening around you
Since Lebanon pager explosions the CCP has issued warnings on TV here in China that iPhones may contain explosive
In response the Chinese people can be seen on social media destroying all Apple products
Do you think this will pass as an isolated incident or will the west catch on and use it as a reason to ban Chinese products
Come and live in China it will open your eyes to why the US is applying tariffs and sanctions
To me, this is a good new. It a way to get rid of those EU products like Car, Luxury goods ( Handbag, Watches, cosmetics and ect out of China market.) Why Not ?
Fair trade or unfair trade is decided by USA, not other countries in the world.
Alternative reality statement
Here we go again.Good old European hesitation: He who hesitate is…!
China should give Eu same tarrif
Do EU Governments subsidize their own industries? The industries that will be hurt are those of Europe - luxury brands, German cars, let alone wine, dairy etc.
Remember the whole clean diesel scam? 😂😂😂
Didnt colonialism n marshall plan give european companies unfair advantage?
EU car companies relies heavily on export for growth, you may sheild them domestically but how are you gonna protect them in export markets in global south.
The industries that tariffs are meant to protect have consistently opposed the imposition of tariffs? This truly is an era of madness.
By imposing high tariffs means high inflation soon will followed. Generally goods will be more expensive. And all our money savings in the bank will be less ‘value’, so we got to continue to work until very old age….
No matter fair or not, it could be reasonable for EU to protect its auto industry using tariff. But the German decide they do not need the protection, they can face the challenge and become more competitive, which is the largest player in the industry in EU. Why does EU to bother to hikes tariff, if not for German? another instrution from Washington?
Absolutely hilarious😂 Wait until China's antimony restrictions set in....🍿👀
Instead of subsidising electric cars, build more public infrastructure and make it affordable. Evs are a joke
Define fair?
European subsidies eat up half of the block's annual budget. Wake up
So US is allowed to subsidize its industry and help deindustrialize Germany by attracting production the the USA, but China isn't allowed to sell subsidized cars to Europe? Hypocrisy much?
EU have no choice but to impose tariffs on Chinese EV because if they don’t , the European car companies may be damaged irreversibly.
Trade must be a win win.
There is another argument, for example, that Italy and Spain and even Turkey are looking for Chinese car investment, and tariffs can force cars in China to be produced in European Union countries. The Chinese attitude is that tariffs will make you lose those investments
When you cannot complete, you find all kinds of reasons to complain. When Europe was exporting gasoline cars to China, China allowed them to sell in China. Putting tariffs is only a short term measure, unless US and Europe come up with their own affordable EVs, they will be left behind and their car industry will die.
Japanese camera OVER CAPACITY AND DISTRUPTION need to stop.
I am talking like a hill billy who never seen globalization and free market
Germany opposes EU tariff bill that mainly protects German automakers😂
Actually it does not cost the Americans as much as she states. Not that there will be no cost, however the purpose of the tariffs were to initiate the production of steel within the US.
It's clear from the way China treats the Uighurs and Tibetans, its relationship with Russia and North Korea, and its behavior in the South China Sea, Chinese Communist Party is always fair, democratic, and adheres to international law, so they will fairly protect the rights of German companies that have invested ridiculously large amounts of money in China and are now unable to withdraw from Chinese market. Probably.
When China car companies are limited their opportunities in Europe due to high tarrif, Europe car companies will be pushed out of China market much faster than before.
Chinese people will have stronger willing to buy local brands and Europe car companines become less competitive under tarriff protection against China car companies.
Today the EV share in new car sales in China is already more than 50% , which makes China achieve its zero-emission target earlier than plan.
Europe? Put itself in bad position for emission control.
She just took hypocrisy to a new level.
No backfire at all. No one in my company drives an EV so it does not matter if the Tariffs are 100% or 1 million %. It only matters to Chinese EV buyers.
If the policy makers clearly know that the non-competitive domestic products, or EU made products, which are the root cause in this case, then the tariffs simply make the local suffer rather than make things better. Cuz, the locals will have to pay more to buy a good product, right?
The EU are so lucky that they could blame the "bad guy China" without actual effort.
So far, I have purchased 4 Mercedes and 2 BMW in my life. Consider the money that Germany has earned from me, I think that is unfair too.
Cheap labour, outsourcing and the U.S./Euro manufacturers getting rich are the main reasons these are now biting back at them big time.
LMAO, EU you can find some “better” measures, accusing Chinese EV safety, raising National Security concern, or arresting Chinese company CEOs because they also export cars to Russia. Anyway, by focusing on the subsidies, you are simply saying Chinese cars are good and affordable , but we do not want them to overtake our industry because we cannot compete with them….😂
Ask her how much taxes Volvo pays in Sweden..
From my point of view, i love the way German've made their car. Their design and their engineer match my taste. Even Japan, Korea have tried their design, their taste into mass product and they are great recognition among German cars. I think, that is the most reason people would always choose German cars.
2011 Elon Musk laughs at Chinese EVs and the world laughed with him. 2024 US and its underlings impose tariffs on Chinese EVs. China saw this coming a decade ago and have established markets outside of this bloc. God bless your little hearts.
Maybe the EU consumers could avoid buying Chinese EV’s?. The power grid must be optimised to lower the prices.
chinese cars in america🎉🎉 american cars are too expensive
Nope, dont need those fire starters
So America and EU don’t subsidise their industry? the chip act is social responsibility?
Till Europe has superiority they wanted free trade , now other nations picked up, they are scared about how the quality of life will be hit. There will be ups and downs for all countries.
Theses people don’t have that courage to accept the reality. China is the best of all now in every aspect of high tech industry.