The coalition government of Germany, led by Chancellor Friedrich Merz, intends to reexamine trade policies towards China, considering the recent trade tensions between the two economies. To this end, an expert committee will be established to analyze trade relations relevant to security and make recommendations to the government. The committee will consist of twelve members, including academics, industry representatives, and union representatives. This initiative comes in the wake of restrictions imposed by China on rare metal exports, which have affected the German automotive industry. The committee will report to parliament twice a year, and the motion for its establishment is likely to be adopted soon. Germany has long considered China an important trading partner, but recent challenges have led to a reevaluation of this relationship.
Sources
Germania va reexamina politicile comerciale față de China, în special cele "relevante pentru securitate"
Germania va reexamina politicile comerciale ale Chinei „relevante pentru securitate”
Germania va reexamina politicile comerciale ale Chinei „relevante pentru securitate”
Latest News
17:50
The USA will apply, from 2027, a 50% tax on cars and Canadian oil.
17:45
The Electrica Group has signed the contract for the construction of a cogeneration plant in Craiova, which will provide thermal and electric energy.
17:41
Germany and other countries are demanding a more austere EU budget, with cuts of hundreds of billions of euros compared to the European Commission's proposal.
17:37
Serious accident in Cișmigiu: A young woman suffered serious injuries after a rotten tree fell on her
17:32
Diana Buzoianu accuses PSD of wanting to dissolve the parties in Romania with the help of AEP
See more news