EU leaders warn on China imbalances but respond cautiously
AI Summary
EU leaders have cautiously responded to trade imbalances with China by directing the European Commission to enhance the bloc's trade defense mechanisms. The move aims to address economic concerns without directly naming China, reflecting strategic economic and political positioning.
Without mentioning Beijing, leaders directed the European Commission to "develop and eventually complement" the bloc's toolbox of trade defenses.
Politics Markets Commodities EU trade imbalances China trade defenses European Commission economic policy