EU Industry Groups Urge China Trade Action
Forty-four European industry associations urged EU members to take immediate action against unfair Chinese trade practices threatening manufacturing. The call precedes a Brussels summit addressing the growing trade deficit.
Forty-four European industry associations urged China trade curbs during Thursday morning's briefing, citing job losses and a daily trade deficit exceeding €1B ($1.12B). The appeal arrives one week before European leaders meet in Brussels to address manufacturing threats. The bloc must deploy trade defense instruments across entire value chains to protect domestic production.
