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The EU’s threat to hit Chinese electric cars with additional tariffs following an anti-subsidy probe risks a “trade war”, Germany said Wednesday, as the country’s auto giants warned the move would backfire.
“The European Commission’s punitive tariffs hit German companies and their top products,” German Transport Minister Volker Wissing said on X, formerly Twitter.
“Cars must become cheaper through more competition, open markets and significantly better business conditions in the EU, not through trade war and market isolation.”
After…