EU President warns of using trade measures against China.

European Commission President Ursula von der Leyen warns EU prepared to use all available trade tools to defend economies if China fails to offer fair access to its markets. She cites heavily subsidized Chinese products, such as electric vehicles and steel, flooding European markets. The EU is becoming tougher on trade relations with China, scrutinizing subsidies for Chinese electric vehicles, wind energy, solar, and railways.

May 06, 2024
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