World · 8 hours ago
France and Germany propose new EU trade tool to target China
France and Germany want the EU to develop a rapid-action tool to respond to countries harming its economy. On Monday, a proposal was sent by French President Emmanuel Macron and German Chancellor Friedrich Merz to European Commission President Ursula von der Leyen. The measure aims to counter market-distorting practices like dumping and widespread subsidies, often linked to China.
Reported by Reuters · How we write briefs