The EU warns its trade relationship with China is unsustainable as the deficit hits €360 billion. Brussels prepares tariffs and 'Buy European' measures.

As China’s industrial surpluses flood markets, the EU is debating whether it needs to shift toward more assertive trade defense tools.

BRUSSELS: The European Union must act more forcefully to rebalance its trade relationship with China, the bloc's executive said on Friday (May 29), after holding talks on protectin