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EU Should Open Markets, Avoid Trade War While Protect Industries: Merz

Summary by Daily Finland
German Chancellor Friedrich Merz said on Wednesday that the European Union (EU) needs to protect its industries against unfair competition while keeping its markets open and avoiding a trade war, reported Xinhua. Speaking at the Berlin Global Dialogue, Merz pointed to the EU's trade deficit with China but meanwhile acknowledged China's competitiveness. He said, "China is very competitive, and we have to respect the success of China in research …

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Lean Right

The Chancellor says that the answer to the new "wave of protectionism" cannot be foreclosure. But Germany must be willing to "defend" the economy.

·Düsseldorf, Germany
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Key takeaways German Chancellor Friedrich Merz has expressed his conviction that the European Union is not heading towards a trade conflict with China, even though the EU is preparing to strengthen its defense against Beijing’s competition tactics. “Unfair practices” During a speech at a business meeting in Berlin, Merz acknowledged that the EU […]

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Haberler broke the news on Wednesday, October 21, 2026.
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