South China Morning Post
International Β· 4 hrs ago
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Europe readies trade war weapon amid China export deluge
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The European Commission is developing new trade measures to address an influx of low-cost Chinese imports, with plans potentially presented at an EU executive meeting on May 29. Details of the proposed tool remain unclear.
Europe readies trade war weapon amid China export deluge
The European Commission is working on a new trade weapon as the continent struggles to contend with a flood of low-cost imports from China.
The tool may be presented at a May 29 gathering of the European Unionβs executive branch, the South China Morning Post reported on Tuesday. Plans for a China-focused meeting were delayed from last month after the US-Israeli war on Iran prompted a new agenda focused on energy prices. Itβs not clear what form the instrument will take.
Business groups have been
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