00:00We have to see and have to be fair when we talk about Chinese imports, what do we really export?
00:06And our export is much higher to China in the automotive industry than the import.
00:12Then when we talk about imports, they have learned obviously to produce good cars for reasonable costs.
00:20Maybe we as industry have to be better in the future.
00:24So this is, we talk about a free market.
00:27If we put a tariff on electric cars, they deliver hybrids and gasoline.
00:33Question mark, is that our interest?
00:37Point.
00:38I don't think so.
00:40I think we should be a little bit careful about what we do.
00:43Sometimes there are too many theoretical guys there who are thinking,
00:47okay, I do this and the result is that.
00:50The only result which comes is we get the wrong products and the consumer pays the price.
00:55I think the right answer is we have to be better.
00:57We have to be more efficient and more productive here in Europe
01:01to offer the right products for our consumers to be competitive in the markets,
01:06in the global markets on fair conditions for everybody.
01:09That's all.
01:10Tariffs will not help us.
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