Germany, Sweden lukewarm on Biden hiking tariffs on Chinese electric cars

Around half of Chinese e-car imports come from Western manufacturers, German Chancellor Olaf Scholz said on Tuesday (May 14) when asked to weigh in on the debate of possible EU tariffs on electric vehicles from China.
Speaking at a joint press conference with his Swedish counterpart Ulf Kristersson during his two-day trip to Stockholm, Scholz pointed out the many overlaps and mutual exchanges between China and the EU.
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[@cuteandfunnyearthlings2863]

Support china, i want to buy affordable goods from china and not expensive tat from usa.

[@pokmandeng5650]

USA is taxing the rich only 3%, shocking right? Well this is what happened when rich people can lobby politicians. Problem easily fixed if rich tax rates are 45% like it should be.

[@amossutandi]

The goods are still from china, it's just that America wants the world to pay America as a middle man and trade in dollars for Chinese goods.

[@AngryTango]

BAN TRADE WITH CHINESE AGGRESSION

[@raymonddon8875]

lower prices is better for all.

[@DarkVader-jj4dt]

America got Germany to not use cheap Russian gas, blew up the Nord Stream, and now wants to finish off Germany's auto industry. All while Germany is buying very costly American LNG. The pathetic thing about all this is that Germany will consider it.

[@TeeHee-vo1bn]

It's still 100x better than being invaded by Russia.

[@DailyBeatings]

@@TeeHee-vo1bn Don't want to be invaded? Don't mess with Russia's security. It's a pretty simple concept, even for you to understand...🤣

[@TeeHee-vo1bn]

@@DailyBeatings Ukraine messed with Russia's security? Haha, nobody would believe that. Red China on the other hand is really messing with other countries' territories.

[@user-jf6ob4pv9n]

Russians are going to drive EV made in China until America is made to be great again. Better formulated: until USA comes to its sences again

[@vostrovostro8824]

In this manner Germany will go back to the stone age, and will be the sick man of Europe.

[@enterpriseinfinite4900]

Hahaha.... The US keeps talking about inflation but actually they are the one that creates inflation.

[@john73353]

So true with all there misuse of sanctions

[@spyderativ2438]

USA invented inflation with their monetary policy

[@dorime3031]

they dont want their people buying cheap things, they only want their citizens to buy overpriced things that their friends make.

[@raymonddon8875]

well said 4900.

[@DJs021]

You put 500% also China don't care because that tariff only hurt American end-user, not producer.

[@bungkusi2432]

Joe Biden is the drunk Sailor in Plato/Socrates about democracy

[@pokmandeng5650]

USA should raise tax rate for the rich. The debt is crazy.

[@avatarairbinder6157]

D problem is will americans buy chinese made one than american EVs with same amount?😂😂

[@DJs021]

​@@avatarairbinder6157the problem is even with 100% slap tariff, China EVs still cheaper than the Western EVs because supply chain(not subsidies). The American EVs will be manufactured + assembled at China, then seashipping, shyt still way too expensive to cross half the globe. This haven't included marketing fee, branding, show room, insurances etc.

[@Indian_Rajput]

What end use?? America's power lies in in its companies not it's market. China has already banned Google KZbin etc what about that??

[@louistan7560]

So American allies are expected to follow the mad man?

[@isorokuyamamoto8423]

just severe dementia fit for nursing homes...... not mad... lol

[@chisasa9509]

USA has no allies only vassals

[@zclassical]

Americans need low cost products. The cost of living and taxes make living in America impossible for most. But the government lives like kings

[@pokmandeng5650]

Why are they taxing the average american? Why don't they tax the rich to pay off their 34 TRILLION debt. The rich tax rate is 3%. Shocking right.

[@TryRickPayton]

That is coming to a end

[@SK-lt1so]

What? Plenty living here doing well, and millions literally crawling to get in-unlike CCP prison state.

[@TeeHee-vo1bn]

You are very mistaken. US living standard is ranked in the top 20 in the world. Poor China is number 85 behind Thailand.

[@rygyouwill5293]

​@@TeeHee-vo1bn never knew that sleeping on cardboards considered as high living standard

[@user-to3wl6ux2q]

So lucky people in asia, i live in Indonesia, the government even subsidize all ev from China, damn we are living in heaven 😂😅😂😅

[@bungkusi2432]

No you're not. The govt force all company to have TKDN And it cause all products price go up by 30% - 50%.

[@bang4buck326]

BS evs in indonesa are still overpriced

[@netgodzilla1]

​@@bang4buck326there are cheap small ones

[@GallAnonim-jx2cz]

Not really, recently i Checked you pay almost double price for Chinese cars compared to china

[@user-to3wl6ux2q]

Lol lost competition on every sector then sanctions, bans, tariff, 😂😅😂😅 so humiliating

[@bungkusi2432]

Let see how high can they go? 102.5% for the senile old man Perhaps Trump can beat that at 150%

[@sikmindl]

and every chinese response is a masterpiece, space program? ok, semiconductors? ok android? harmony os, green energy? EV cars solar panel etc..

[@AnnieT369]

Low prices benefit the buyer

[@taiwanstillisntacountry]

Tariffs are taxes, paid by the citizens of the country. Well done USA aka IOU-country, lack of money? $34.400.000.000.000 debts. Good luck IOU-country.

[@bungkusi2432]

Plato - Socrates Democracy = drunk sailor is the captain

[@prikitieuw1386]

Old biden has loosing it's mind

[@BridgingCulturesChinaAmerica]

That's right. And in the case of the US, the taxes collected go to the Treasury department.

[@TeeHee-vo1bn]

If that were the case, poor China has no need to be so upset. 😄😄

[@directxxxx71]

​@@TeeHee-vo1bn poor China... Chinese should work hard to print paper debt and live on debt like the united states of IOU 😂😂😂😂

[@ToiChutGongWu]

The US thinks that it is the only market in the world.

[@bungkusi2432]

*IF* China government subsidies Then American citizen buy ---> this is good right? You got subsidized 😅🤣😅🤣😅

[@priscillaferguson267]

The U.S. government subsidizes agriculture, semiconductors, AI technologies, American auto makers, farmers, etc. so what in the hell is Biden talking about. Hypocrisy at its finest. I’m fine purchasing quality goods Made in China!

[@sutisnaherdiansyah7773]

Why not 1000% of tariff? In the end of the day, it will hurt American itself.

[@cwchay3086]

Why bother to tell them. If they do not but, maybe we can get it even cheaper (law of supply and demand).

[@user-to3wl6ux2q]

Democrazy, the land of free trade 😂😅😂😅

[@bungkusi2432]

Read Plato/Socrates Democracy = a ship lead by drunk sailor

[@alwaysright6358]

Fakemocracy to Americans, Demoncracy to the world.

[@cwchay3086]

It should be called DemonCrazy system because they demonised anyone who disagree with them.

[@dongiovanni8899]

Murica following Endia's footsteps on import tariffs🙃

[@nsebast]

European wont put tariffs on Chinese cars because if they do, European cars sold in China will also be put on tariff and they will lose billions.

[@GallAnonim-jx2cz]

There is almost ZERO cars produced in Europe and sold in China. The ONLY european brand that still matters in China is volkswagen and it is produced locally. Renault, Peugeot, Citroen are also producing locally but they are dead.

[@proudwumao7280]

BRAVO CHINA

[@FrankiePo89]

The world majority would love China's subsidized goods, if that's true.

[@maggiechan33]

The world already loves China's affordable, but high quality goods.

[@FrankiePo89]

@@maggiechan33 Yes, only butthurt western politicians against it at the expense of their populations.

[@eugenec7130]

The claims of subsidies are absurd. Does China subsidize goods for the benefits of the Americans and Europeans? If that is the case, China is the most charitable country in the world with a big heart, while the US is selfish, calculating and evil in contrast.

[@torbjrnmelbye6823]

For once something of reason from these two

[@mariela7521]

Not know nothing of economy or progress 😃

[@Devildemon74]

US💩

[@gwarlow]

The U.S. believes in free trade, just as long as no other country ever has an advantage over them. 😂

[@gezhang-nu2vv]

What a shame for US nowadays.😂😂

[@wisdombites3586]

China should put tariff on Tesla . Let’s see how far Tesla last

[@peanut0brain]

Nah. That will send a signal to the whole world that investing in China would be risky! Now everyone knows dealing with the US is super risky!

[@DJs021]

China won't do that because tariff usually boomerang to that country, now American and European is going to fork out more to buy China EVs or chose extreme expensive vehicle from America producer.

[@araara4746]

China doesn't need to do that, because the Chinese people will also choose cheaper ones with no less or even better quality.

[@MSDGroup-ez6zk]

@@DJs021 China can retaliate giving tariffs to all American products used by the USA allies. USA when Australia decoupled China, did not do anything to help Australia. So will it to Europe.

[@DJs021]

​@@MSDGroup-ez6zkif you look at the history of China action for the last 10years, you will know who is the adult and kid in the room. When they sanction China numerous of stuff, it's mean they don't allow China to buy stuff from them but continue to purchase goods from China. China proceed to buy similar things from other country, who is the loser here? That's why China rarely retaliate because it is stupid if China sanction back mean it's hurt their export. China government have long term plan, as long as all this issue doesn't derail plan, they won't retaliate. It is called mature Government.

[@ariesmarsexpress]

Xiaomi is one of the companies and it sold out of every car it's going to make in 2024 in 1 day as soon as they opened. That is not a case of producing more than the world can absorb.

[@KayyHong]

There is NO Chinese overcapacity as demands for electric vehicles, solar and other inexpensive Chinese products far exceed what can be manufactured.

[@wisdombites3586]

The only country we all know substantially subsidized is America - reduction act, chip act:

[@peanut0brain]

Inflation reduction act, which was to make eu companies flee to US, hollowing out the manufacturing base of eu. Eu didn't like that

[@KayyHong]

And there are subsidies for American farmers & the fossil fuel industry & for buying American produced electric vehicles.

[@Lee350]

The world could technically just ignore US entirely and trade with each other. All countries will benefit except US. The BRI is doing so good for countries who joined so far and many more wanting to join now 👍

[@WTHH2]

Bad economics. Tariffs are tax on consumers . It's as good as increasing personal tax on pretext of protecting you.

[@thiritung5331]

The American market is insignificant for Chinese EVS manufacturers

[@chestercommons5174]

The corn produced by United States isn’t overproduced ? Dumping on Chinese markets?

[@dz7786]

🤣 China is the one that's in the US farming this food to send back to their country 🤣 get educated 🤣 that should have been stopped a long time ago....

[@clueless485]

Percentage of Chinese cars in the US car market is 0%. 100% tariff on 0 car import equals $0.

[@desmondho9567]

Since when US has been fair to the rest of the world 🌎🌍🌏 The world 🌎🌍🌏 has 8 billions of people. U ash has 330,000,000 citizens. Europe plus allies has 600,000,000 citizens. China is trading with the other 7 billions population around the world. Like in Latin America, Africa Union countries, Middle East countries, Central asia countries and Asian countries. So, what how China overcapacity. ❤❤❤

[@Mr_Orion]

Headline should be> 2 more US states impose 100% tariff on Chaina's EV.

[@jacque1331]

It's not about supporting which country. We need to go green to save ourselves from severe global warming effects. Just look the extreme heat wave and flash floods occurring in countless countries.

[@ervinabdullah881]

US gov did not consider that China has huge imports in US agriculture and livestock products. Since US actions against Huawei 5 years ago, Chinese goverment has accelerate its program to be self sufficient in all foods produce, and rely less on imports. China also gradually reduce agricultural and livestock import from US and looks else way. In the end, what those tariffs policies have hurt US agricultural industries. Chinese agricultural technology way behind by 10 years against US. Intead of keeping the lead. US gov give China strong motivation to catch up. Dont blame China if they stop importing food produce from US.

[@mei9179]

Yup, like Qualcomm Ceo said, Huawei doesn't need its chipset anymore... 😂 How much money does Qualcomm lose from Huawei?😂 He thinks, Qualcomm still has Xiaomi, Oppo,...but what will happen when China can produce 3nm chips (it will come true in 2026), they can produce 5nm now.... Trump and Biden are killing American companies 😂, that is true 😂

[@DailyBeatings]

@@mei9179 "How much money does Qualcomm lose from Huawei?" Let's do the math. Qualcomm sold 42 million units in 2023 to Huawei at an average cost of $160 per unit. With a 20% margin the loss would be 6.72 billion in revenue and 1.34 billion in profit just for one Chinese company. Imagine if the others jumped ship...

[@phongy45]

germany still not yet WAKE UP?????

[@tuppenceworth5485]

The US is behaving like a child. It is supposed to be the champion of the free market economy, the antithesis of a close economy that is one of the hallmarks of communism. China is manufacturing affordable EVs for the world and anyone who is in favour of reducing carbon emissions will appreciate China for this effort, not punishing it.

[@1258-Eckhart]

Where is the WTO here? What is the newly globalised Britain doing to prevent tariff barriers? As PM, Cameron pushed hard for Chinese trade. Now that's borne fruit - where does WTO-Britain stand?

[@auspiciousnkomo3071]

When the bully believes in why he bullies you. Just giving you a wedgie so that the rest of the guys have a chance with the ladies. They really don't get that this is the reason the dollar will crumble. You are not the world police, the reason why things are so expensive is that the prices are being pushed up without reason yet you want to protect that.

[@DanBurgaud]

I personally think this tariffs are brilliant move. Now China has the same reason to impose exorbitant tariffs on American goods! TIT FOR TAT! OLAF and ULF understood this and opted to not participate.

[@aeophylus]

BYD Seagull with 100% tariff will still outprice the cheapest US or European EV

[@leecheong4986]

Hehehe China Geely and Leap Motor will enter the American market without tariff. Both are entering through European partners. They are producing the EVs for the European partners to sell to USA market. Their European partners are companies that own the Volvo and Maserati brands respectively. Such partnership will be duplicated throughout Europe. Next will be VW and even Daimler of which one of its shareholder is Geely. All these European companies will make a lot of money in the American market. The American manufacturers without the Chinese cost effectiveness and supply chain will lose out. Also one more surprise. When has China sell so much semiconductor to USA that end up threatening American companies? Something is brewing here or already brewed and it must be China is selling tons of legacy chips to USA. This is not going to stop. The price from Micron compare to those from China of the same technical specs is 4 times. Some place even higher. 2 years down the road China will flood the American market with advance chip also. The Huawei Ascend AI chips has claimed to be better than Nvidia A100 is being sold a fifth of the A100 price. Beidou China has already starting to rip the Nvidia chip A800s out to be replaced by Ascend. Call this a punishment, China style.

[@xvbd6067]

Ugh, pure politics sickening

[@joyrama2908]

hiking tariffs will make china to double the price of materials that US and EU importing from china China producing affordable EV but the west obviously dont want cheap vehicles for their citizen

[@zeroCostravel]

100% Tariff on Tesla coming

[@jessicaderosa9625]

As an Italian I ask my self who gave germany the power to talk for all of us

[@priv1leged]

video is 2 minutes long, i fell asleep after 5 seconds listening to that german. 1000000% sleeping pill

[@Germany._.Kit77]

You don't like cheap cars, you like quality, that's the easiest way to leave garbage out😢

[@ATOMICO7]

The world has become a mess because people with ambitions keep interfering with others.

[@priv1leged]

one thing that always buffles me, why are most politicians below the average size of the respective nations males

[@gezhang-nu2vv]

Now in states, life becomes very expensive!

[@assassin3003]

Then they cry everyone no one wants anything to do with them 😂

[@tanjoohiang1409]

Now China hav to work for mutual benefits and co-operations with Russia on more trades and chips industry

[@sleepymeow7156]

Germany and Sweden has acted, and it was it aligned with US’s preference, eye-witnessing the decline of US global influence

[@dexterminador]

Both Germany & Sweden are faithful lapdogs of the Empire.Sweden's kinship with USA is dated to the 17th century with New Sweden (along with New Holland). Swedes (and the other Scandinavians) participated actively in the genocide of the red Indians (native North American indigenous people) meanwhile they became wealthier trading with African slaves and exploiting them as they wished up to their wim and will. Still today: Scandinavians won't tell either about their brutal past in North America or about their fake neutrality under WW2 when their whole swedish establishment was more than friendly towards Nazi Germany.

[@f2u2DeakWatt]

Politicians are not Business minded people

[@raymonddon8875]

bad idea lost joey, very bad idea. competition is what drops the market price down, giving better prices to the public. this will return and bite the american people in the long run.

[@chisasa9509]

USA is at war with Germany for those of you who missed that

[@dmhboag5882]

Chinese cars are everywhere in Asia and Australia, I have one and it is brilliant I am Australian , USA shot itself in the foot!

[@sophallvoek7825]

And now American branded auto mobile can sell their cars around 50000$ that actually cost 20000$ because there is no competition in the US 😂

[@f2u2DeakWatt]

US don't have enough charging ports stations for EVs. What if Winter comes 😂

[@AngryTango]

How about 1000% tariff on China

[@maggiechan33]

In 2024, American General Motors is launching a record number of new energy vehicles (NEV) in China.

[@dann5515]

Imagining China sanction American's brand like KFC, Macdonalds, Pizza Hut, Star Bucks, Burger King, Ford, HP, Apple, Levi, and many more that American overcapacity brands in China.

[@WeAretheWorld89]

China heavily subsidized their products? Throw money to sell? Then ur consumers stand togain . Why no US govt subsidize to compete.

[@user-tt6il2up4o]

Meanwhile polestar are made in China and all electric Volvos

[@maggiechan33]

Germany and Sweden, you should be sovereign nations.

[@Avatar_2025]

Were these US politicians around in the 1970s? The reason why Americans companies went to china is due to the cost of manufacturing which was lower than the US. This is because, certain basic items had become unaffordable like new cars have become now. The problem is our economic model that depends on credit and in which taxes and fees must keep rising to keep up with interest rates. How can a country live within its means in a place where there is always trade imbalance and to maintain it, money must be borrowed to try and balance the trade or keep it going?

[@Justiceforall1010]

US delusional

[@painwithgain8510]

Only will backfire lol

[@CurlyViet]

China will retaliate with tariffs on Tesla for sure.

[@420mtbrider]

Losers have to cheat...

[@magicsmurfy]

Subsidise? How?

[@BSnicks]

It's just the excuse they made up, so that brainwashed people will support them.

[@hindhtvaterrorism4559]

China should impose 100% tariffs on American companies in China importing goods from the USA.

[@atangled]

if you cannot compete you lose......you snooze you lose sleepy joe

[@terencetong4896]

Of course it is a bad idea. But i should t complain. If US wants to dig a hole for its own grave so be it

[@surasaradiyel1302]

tarrif chinese goods only ? , what about EU cars . ?

[@josephguo6256]

US will not buy any EV for next 10 years.

[@ngyonghan1885]

😮

[@fastpistonx]

Germany will obey Master.

[@tanjoohiang1409]

I wont be suprised China will do the same and the result would be both countries will suffer ie no more free- trades and mutual benefits

[@jasnakolbah8016]

The eu leaders start to weik up.

[@yewliegoh3896]

US subsidy chip factory but product won't be cheap.

[@WolfCliffSthlm]

Ni har väl inga skatter i usa.

[@cwchay3086]

The USA and her obedient dogs do not to buy. More share for us and perhaps even cheaper too (the law of supply and demand). In fact, for once; USA maybe doing something good.

[@kobaltocr6927]

Olaf sold Germany to US

[@carlos8040ca]

Free market economy is competición for the benefit of the consumer, protectionism policies is the past, embrace the future competition is good. The USA failed to invest to compete in the future but instead invest in Afghanistan, Syria, Irak, Libya and Ukraine billions of taxpayer money that didn’t bring any benefits to the American taxpayers and consumers.

[@eugenec7130]

Both Germany and Sweden are wise. The United States is stupid. China has a lot of advantages including hardworking and productive workforce, highly automated factories and well established supply chain. The US and Europe have no chance to compete with China. Tariffs are just for show. They will not slow down the Chinese industry because demands from the rest of the world are enough to sustain the Chinese industry. What the US and Europe should do is to buy cheap Chinese products to their advantage, and at the same time find ways to strengthen their own industry.

[@dirwanedy8919]

All Nato just follow USA order.

[@PravdaSeed]

💙. Thanks .💙 *Westerners: Reincarnated🐣 Zombie 👻 inquisitorss👻 ‼️‼️‼️‼️‼️

[@hengkiwinata4249]

America lived in clover & glamour, then they manufacture triple the margin for cost of luxury life. One tap 2 islands crossed, America govt give difficulty to China EV and get tax payer money to habilitate their proxy war with Rusia in ukraine

[@avatarairbinder6157]

100% only?😡😡😡its should be 500% atleast

[@magicsmurfy]

Dumping products? That no one wants? Does he know why Chinese products are cheap? How many hours of sleep do your people get comparing to Chinese workers? How often do they see their families in a year? Do you research.

[@Andyleobl]

Lukewarm is taken from the Bible and no coincidence that these politicians use that word. Some of us knows exactly whats going on in this world right now. They cant hide, when the most High Jesus descends from Heaven! Maranatha✝️

[@harbinger6562]

Good afternoon PM Olaf and PM Ulf Biden is a bad idea 🤔:❤️🇸🇪🇩🇪🇨🇳🦾😇

[@adil105temsamani-ch]

😅