Macron Threatens China with Tariffs over Trade Surplus: Report

Macron warns EU may hit China with tariffs over trade surplus

French President Emmanuel Macron warned that the European Union may be forced to take “strong measures” against China, including potential tariffs, if Beijing fails to address its widening trade imbalance with the bloc. “I’m trying to explain to the Chinese that their trade surplus isn’t sustainable because they’re killing their own clients, notably by importing hardly anything from us any more,” Macron told Les Echos newspaper in an interview p…

Alarm bells on China’s threat to EU

Analysts and European politicians are ramping up warnings that China’s export-heavy economy puts the continent at risk.French President Emmanuel Macron, who just visited China, said the EU faces “a question of life or death” over its severe trade deficit with Beijing.A stronger Chinese export sector is expected to lower the eurozone’s GDP by 0.5% by 2029, according to a recent Goldman Sachs estimate.“Many countries are frustrated by China’s stra…

European industry faces ‘life or death,’ Macron says — and China needs to help

China’s trade surplus is “untenable” and Beijing needs to start importing from Europe instead of “killing their customers,” French president says.