European Commission Plans Broader Tariff Measures Against Chinese Imports
The European Commission is preparing to expand its use of import quotas and tariffs against Chinese goods, aiming to protect European industrial sectors from what it perceives as unfair competition. Stéphane Séjourné, the European Commission's executive vice-president, indicated that the EU intends to apply safeguard measures more broadly across entire sectors, including chemicals, metals, and clean technology. This shift in trade-defense strategy comes in response to industrial overcapacity and trade imbalances, with the EU experiencing a significant trade deficit with China. The Commission's approach marks a departure from traditional product-specific investigations, suggesting a more systemic response to import surges and state-supported competition.