In a historic shift, VW CEO Oliver Blume is publicly urging the EU to impose trade defense measures on Chinese plug-in hybrids. This marks the first time a major German automaker has openly called for tariffs against Beijing, signaling an end to the industry’s long-standing policy of open markets. With China currently running a €1 billion-a-day trade surplus with Europe, experts warn that up to 300,000 European factory jobs are at risk. Are they sliding towards a trade war?
We talk to
Andreas Mischer, analyst at MERICS in Berlin
Alicia Garcia-Herrero, senior fellow at Bruegel
Jan Ruzicka, chief external affairs officer at international investment group PPF in the Czech Republic
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