Merz and Macron Want the EU to Hit Back Harder — and Faster — Against Trade Threats
21 Articles
21 Articles
A few days after the EU visit to Beijing, France and Germany send a letter that marks a turning point in relations with the People's Republic. A disruptive plan of defense from the invasion of Chinese goods up to a button of kill-switch that leaves China out of the single market
France, Germany seek new EU weapon to instantly cut off market access for China
In the strongest sign yet of a shifting European Union policy on China, the leaders of France and Germany have demanded a new trade weapon that would cut off access to the EU market when third countries cause severe distortions. The tool would effectively act as a kill switch, allowing Brussels to respond rapidly to systemic distortions, potentially immediately. It would grant dramatic new powers to the European Commission, the EU’s executive br…
In the event of a trade war, the EU should be able to quickly exclude unfair trading partners from the internal market. Friedrich Merz and Emmanuel Macron are committed to this.
For a long time, Germany had resisted a tougher approach to Brussels: now, however, it is also decided in Berlin to take off the velvet gloves in the trade dispute with China.
In mid-October, the EU leaders want to decide whether they are going harder against China. Germany and France are already working on a new protection instrument.
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