Published: August 16th, 2021,
Last updated: August 16th, 2021
Annalena Baerbock – a name that was largely unknown in China until now. But since she called for a „stricter trade policy“ towards Beijing in a recent interview, the question arose whether Sino-German trade relations will tighten with a new government making such demands. Baerbock’s threat of increased protectionism certainly won’t make executives of German automakers rest any easier at night. But will higher tariffs really only hit China? The prices of goods will also increase for German consumers as a result. A plan that could backfire.