Urgent.News

What's breaking now, across thousands of outlets.

Business

Industrial policy: Union and SPD want to protect German industry more strongly from China

CDU/CSU and SPD are calling for stricter EU protective measures against unfair competition from China. At the same time, they want to give the automotive industry more leeway.

Translated from German Read in German

Industrial policy: Union and SPD want to protect German industry more strongly from China

Germany's ruling parties, CDU/CSU and SPD, are pushing for stronger protection for the country's and Europe's industries against Chinese imports. They support the EU Commission and federal government in their efforts to advance trade and investment agreements, while also calling for robust protection against unfair competition, particularly through anti-dumping and anti-subsidy measures.

The parties aim to prevent circumvention of new EU protection measures and reduce one-sided dependencies on raw materials and products. They also want to promote Germany's position in autonomous driving and examine ways to accelerate its transition from pilot projects to widespread adoption. Additionally, the parties are seeking more flexibility for combustion engine vehicles and are urging the EU Commission to allow plug-in hybrid vehicles and efficient combustion engines to be sold alongside electric vehicles after 2035.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

Canadian Company Announces Mass Layoffs Over US Tariff 'Nuclear Bomb'

Paperboard manufacturer RYAM has confirmed it is closing its Témiscaming facility as a result of U.S. tariffs.

  • Canadian paperboard maker RYAM to close Témiscaming facility, laying off 425 workers
  • U.S. tariffs on Canadian goods deemed unsustainable for plant operations
  • Tariffs likened to "nuclear bomb" by Témiscaming Mayor, described as "economic war"

I'm an Airbnb Superhost who's had over 500 guests. Here are 5 things I wish visitors knew before checking in.

I'm an Airbnb Superhost who owns several properties with lots of five-star ratings. Here are things I wish my guests knew before they booked.

  • Emily Elizabeth, an Airbnb Superhost, shares five crucial tips for guests.
  • Knowing the purpose of a guest's visit enables personalized local recommendations.
  • Meticulous attention to detail ensures smooth check-in and a memorable stay.

More from Friday 28 August →