EU Trade Reset With China Flounders at 27-Nation Bloc as Retaliation Fears Sap Resolve
Updated
Updated · Bloomberg · Jul 2
EU Trade Reset With China Flounders at 27-Nation Bloc as Retaliation Fears Sap Resolve
3 articles · Updated · Bloomberg · Jul 2
Summary
EU efforts to reset trade ties with China are already stalling, with member states and officials doubting the bloc would act decisively if diplomacy breaks down.
Retaliation fears are driving that hesitation, as leaders weigh the economic pain China could inflict if Brussels hardens its stance.
European Commission discussions and talks among EU leaders point to a broader problem: the 27-nation bloc lacks the political will for meaningful change or a direct trade confrontation with Beijing.
The setback undercuts a renewed campaign to take a tougher line on China and leaves the EU's trade strategy vulnerable if negotiations fail.