✉news WorldEU Politics first seen 18 h ago, last 9 h ago, peak #9

France and Germany push 'trade bazooka' against Chinese exports

Original: France and Germany float 'trade bazooka' against China as the EU scrambles to confront its exports

France and Germany are reportedly backing a so-called 'trade bazooka' — a tougher EU trade defence instrument aimed at countering a surge of Chinese exports into the European market. The move signals a hardening of stance from the EU's two biggest economies as Brussels scrambles to respond to cheap imports pressuring European industry. The proposal is likely to fuel debate over protectionism and the bloc's economic relationship with Beijing.

Why now: EU policymakers are openly discussing a hardened trade defence against Chinese exports, a significant shift from Europe's two largest economies.

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• France and Germany float 'trade bazooka' against China as the EU scrambles to confront its exports · Fortune

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