German Chancellor Olaf Scholz has expressed caution regarding possible punitive tariffs from the EU on Chinese electric vehicles. US President Joe Biden on Tuesday raised the existing US special tariffs on electric cars from China to 100%. During a visit to Stockholm on Tuesday, Scholz said there had to be a “mutual exchange” between the European Union and China. “European manufacturers are successful on the Chinese market and also sell a large number of vehicles produced in Europe to China,” he said after a meeting with Swedish Prime Minister Ulf Kristersson. In addition, 50% of the electric …