The Commission is set to develop new trade defence tools, including a diversification instrument, to tackle the EU's "unsustainable" trade deficit with China, with the political backing of EU leaders. #EuropeNews

The European trade deficit with China amounted to €360bn in 2025, or roughly €1bn a day. The commission and a growing group of member states want to take stronger measures to save…

The European Union is considering a fundamental change to its trade policy with China amid a widening trade deficit, rising dependence on strategic sectors...