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EV tariffs will cause damage to Germany, China, says Chinese commerce minister

China's commerce minister said the European Union's imposition of tariffs will "seriously interfere" with trade and investment cooperation and hurt both China and Germany. In talks with Germany Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with World Trade Organisation rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released on Tuesday.

BEIJING (Reuters) - China's commerce minister said the European Union's imposition of tariffs will "seriously interfere" with trade and investment cooperation and hurt both China and Germany. In talks with Germany Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with World Trade Organisation rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released on Tuesday. The European Commission is on the verge of proposing final tariffs of up to 35.

3% on EVs built in China, on top of the EU's standard 10% car import duty. (Reporting by Bernard Orr and Shanghai newsroom; Editing by Christopher Cushing).