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Germany and France urge EU trade barriers against China
Original: Germany and France want EU storm gates for China’s trade surge
Germany and France are pushing the European Union to erect stronger trade defences against a surge of Chinese imports, according to a report by The Economist. The move would mark a shift for Berlin, which has traditionally resisted protectionism given its export-heavy economy. The two countries want Brussels to act more decisively to shield European industry from cheap Chinese goods flooding the single market.
Why now: Rising Chinese imports are straining European industries, prompting the EU's two biggest economies to call for collective protectionist measures.
GermanyFranceEuropean UnionChinaThe Economist
Evidence
- Germany and France want EU storm gates for China’s trade surge · economist.com
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