BMW urges Germany to vote against the substantial increase in tariffs on Chinese-made electric vehicles by the European Union. CEO Oliver Zipse stated that additional tariffs will hit other companies and may trigger a trade dispute that benefits no one, believing that the German government should take a clear stance.
EU member states are preparing to vote on tariffs on Friday (4th), requiring 15 representatives of countries accounting for 65% of the EU population to oppose the proposal to prevent the tariffs.
German officials stated that the government plans to abstain from voting instead of voting against. There are rumors that the German government expects a large number of EU member states to abstain from voting, which may make it more difficult to prevent the implementation of the tariffs. German Chancellor Scholz and French President Macron are expected to discuss the tariff issue in Berlin on Wednesday (2nd).