Overview
- German exports to China fell by 14% in May, while exports to the U.S. rose by 4.1%.
- Proposed EU tariffs on Chinese EVs aim to counteract what the EU sees as unfair subsidies.
- China has threatened retaliatory measures, raising concerns of a trade war.
- Germany's strategy seeks to balance reducing reliance on China while maintaining economic ties.
- Habeck's visit also addresses broader issues such as climate change and human rights.