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00:54
German Chancellor speaks out against protectionism, trade wars
STORY: German Chancellor speaks out against protectionism, trade wars
SHOOTING TIME: Oct. 21, 2024
DATELINE: Oct. 22, 2024
LENGTH: 00:00:54
LOCATION: FRANKFURT, Germany
CATEGORY: ECONOMY
SHOTLIST:
1. various of the new Mercedes-Benz battery recycling factory in Kuppenheim
2. SOUNDBITE (German): OLAF SCHOLZ, German Chancellor
STORYLINE:
German Chancellor Olaf Scholz on Monday spoke out against protectionist measures that could harm international cooperation.
He made the remarks at the opening of the new Mercedes-Benz battery recycling factory in Kuppenheim, a city in the southwestern German state of Baden-Wuerttemberg.
SOUNDBITE (German): OLAF SCHOLZ, German Chancellor
"Protectionism and trade wars are detrimental to us. As an export country, we value open trade with the whole world. And that's why we don't need the best tariffs, but the best cars and the most modern technology.
(Like in Japan and South Korea), good cars are also built in China. German companies do not have to fear this competition.
The vast majority of cars produced in China and imported to Germany come from German and international manufacturers.
This is sometimes forgotten in public discussions. And that's why I am saying, and I have already said publicly and repeatedly here, against tariffs that harm ourselves."
Xinhua News Agency correspondents reporting from Frankfurt, Germany.
(XHTV)
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