EU to propose import curbs on other Chinese sectors, says EU chief
The Commission will also draft emergency tools to reduce reliance on Chinese suppliers and shield firms from retaliation, officials said.
- European leaders gather in Brussels on Thursday to weigh future trading ties with China, whose surging exports of cars and manufactured goods threaten local industry and cause mass layoffs across Europe.
- The €360 billion goods deficit with China reached what European Commission President Ursula von der Leyen called "unsustainable," prompting the EU to pledge using every possible means to reduce the imbalance.
- A recent Franco-German paper urged immediate measures addressing chemicals and plastic imports, while European Trade Commissioner Maros Sefcovic met China's Commerce Minister Wang Wentao in Beijing on October 9 to discuss tariff reductions.
- Political instability complicates negotiations, as French President Emmanuel Macron faces student protests and budget deadlock, while German Chancellor Friedrich Merz struggles with coalition instability following regional election defeats.
- The Commission plans to propose initial trade measures in December, with ministerial consultations scheduled for January 2027 and March 2027 to address supply chain reliance and trade rebalancing.
83 Articles
83 Articles
Brussels, 16 Oct (EFE).- The President of the European Commission, Ursula von der Leyen, said this Friday that she will present, in December, a new instrument to reduce imbalances in economic relations with its trading partners, especially with China, as well as to defend itself in situations of coercion. "We will work on new instruments to address structural imbalances. That is to say, dependence on a single supplier will end. And for this, in …
The EU is considering new trade tools that could even exclude Chinese products from the single market as concerns grow about the trade deficit, overproduction and competition - How the EU risks a generalised trade war with China
At the summit in Brussels, Commissioner von der Leyen promises new instruments of protection against the overpowering competition from Asia. A Franco-German demand is just right.
Germany has feared Chinese retaliation for years. Now the pressure on the car, machinery and chemical industries is leading Berlin to seek stronger EU instruments with Paris to protect the market from cheaper Chinese goods.
The European Union is preparing a new trade tool that could, in extreme cases, limit or terminate China’s access to the single market. The measure is designed as a response mechanism for actions that seriously damage the European economy, Bloomberg reports. According to the information, European leaders have asked the European Commission to prepare a concrete proposal by the end of 2026. The new tool would allow Brussels to react more quickly to…
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