Germany turns against the EU levy on Chinese solar panels

0
312

Germany seems to be against a European tax on solar panels to turn now chancellor Merkel has indicated that a trade war between the EU and China want to prevent. According to Merkel, is protectionism ‘is not the correct answer in an open and global economy’.

The German chancellor, left, during a visit of the Chinese premier Li Keqiang know that they are the problems between the EU and China are not on the striker wants to float. Outstanding trade issues between the two trading blocs should be according to Merkel, by means of mutual consultation to be solved, writes Zeit Online.

The Chinese premier is to the EU travelled to, among others, an impending European tax on Chinese solar panels to discuss. This may, according to preliminary plans up to 47 percent. Also considering Europe an investigation into the Chinese telecommunications companies Huawei and ZTE. China has earlier this month been threatened with a trade war if the European Union, the measures to continue.

Now Germany as one of the most powerful EU members are against the tax seems to be turning and wants to lobby the other members, the chances become smaller that the levy is introduced. The European Commission has the right, however, to the charge, as a temporary measure, without a broad consensus among the members to enter.

On 6 June, the European Commission takes a preliminary decision. They may decide a temporary levy to enter the issue on alleged dumping of solar panels to investigate further or to bring the current research to a close. As the research continued, should be there on the 5th of december a council.