✉news WorldEU Politics first seen 8 h ago, last 1 h ago, peak #9

France and Germany float 'trade bazooka' against China

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

France and Germany are reportedly pushing for a tougher EU trade instrument, dubbed a 'trade bazooka', aimed at countering a surge of Chinese exports into the European market. The proposal comes as the EU weighs stronger defensive measures against subsidized imports and unfair competition. The joint stance from the bloc's two largest economies signals a possible hardening of European trade policy toward Beijing.

Why now: Rising Chinese exports to Europe are prompting the EU's leading economies to consider aggressive new trade defenses.

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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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