Suche
Mein Konto
Vote against punitive tariffs: Germany relies on free trade!
The federal government speaks out against punitive tariffs in order to reduce trade barriers and promote the free movement of goods with China.
Vote against punitive tariffs: Germany relies on free trade!
Berlin (ots)
In a current statement, Dr. Dirk Jandura, President of the Federal Association of Wholesale, Foreign Trade and Services (BGA), was positive about the federal government's decision to vote against the introduction of further punitive tariffs. This happened in the context of the discussion about trade relations between Europe and China. Jandura described the vote as a clear statement against trade barriers that are seen as harmful to both partners.
"As a trading nation, Germany is dependent on the free movement of goods. Interventions in this process could have serious consequences," he explained. This relates in particular to the concern that the German automotive industry could suffer greatly from the envisaged punitive tariffs. An important point in Jandura's argument is also the need to prevent China's reactions to such measures in order not to end up in a race to restrict trade.
Focus on commercial relationships
Dr. Jandura emphasizes China's important role as a trading partner for Germany. It is a well-known fact that the economic ties between the two countries are enormous and Jandura emphasizes that the EU should now focus more on discussions that lead to solutions that are conducive to fair competition. “The situation is favorable because China is also facing a decline in growth, so both sides should have an interest in stable trade relations,” said the BGA President.
He points out that without the European sales market, China's economy could run into difficulties. Jandura advocates a dialogue that does justice to the interests of both sides and could possibly also help stabilize the economic situation.
Overall, this decision is seen as groundbreaking in avoiding future conflicts and disagreements in trade and instead finding common solutions. This view finds support in large parts of the economy, which hopes for long-term stability and growth.
The federal government's clear positioning is seen by many as a step in the right direction to strengthen trade relations while at the same time resisting protectionist measures. This development in German-Chinese trade relations could be crucial for Germany's future economic orientation within the EU.
A comprehensive overview of current developments and their importance for the economy in a report on www.presseportal.de to find.