00:00Protectionism and trade wars are harming us.
00:03Because as an export country, we live from open trade with the whole world.
00:08And that's why we don't need the best customs, but the best cars and the most modern technologies.
00:15Some say, China can do this much better with electric motors than we do.
00:19But German companies don't have to be afraid of this competition.
00:24Of course we need a level playing field, fair competition conditions.
00:29That's what we're talking about, that's what the EU is also talking about, quite rightly with Beijing.
00:34But the vast majority of the cars produced in China,
00:38that come here to Germany, come from German and international markets.
00:43That's why I'm, I've already said it publicly and I repeat it here, against customs that harm us.
00:49The European Union should prefer to use such instruments where unfair and WTO-negative
00:55dumping and subsidies are disadvantageous to our producers.
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