France, Germany Push for EU Rapid-Response Trade Tool With Likely Focus on China
BRUSSELS/BERLIN—France and Germany have proposed that the European Union reinforce its economy by enacting a new rapid-action measure to strike back against countries that harm it, with China the most likely focus of their proposal. French President Emmanuel Macron and German Chancellor Friedrich Merz wrote to European Commission President Ursula von der Leyen on Monday, 10 days […]
TL;DR
- France and Germany propose a new EU rapid-action measure to protect its economy.
- China is identified as the most likely target of this proposed measure.
- The proposal was sent to European Commission President Ursula von der Leyen by French President Emmanuel Macron and German Chancellor Friedrich Merz.
- The European Commission views the proposal as a valuable contribution to discussions on geoeconomic risks.