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The Duran Podcast

Germany's Habeck in China, pushes trade war

Jun 27, 2024
Exploring Germany's Habeck's trip to China, EU tariffs on Chinese electric vehicles, and efforts by Germany to reconcile trade tensions with China. Analysis of German political figures promoting deindustrialization, shifts in economic strategies, and the Green Party's voter support in Germany.
14:45

Podcast summary created with Snipd AI

Quick takeaways

  • EU plans high tariffs on Chinese EVs causing strain in EU-China trade relations
  • US pressure leads EU to consider disengaging from China, risking economic repercussions

Deep dives

Tensions Between Europe, Germany, and China

Europe faces a looming trade war with China, with the EU planning to impose 38% tariffs on Chinese electric vehicles. German Vice Chancellor's recent trip to Beijing to address the situation did not go as planned, with the Chinese premier not meeting him. The trip highlighted strained relationships and blame-shifting, with Habek attributing the tension to Russia. The German car industry, which heavily exports to China, opposes these tariffs.

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