The European Union (EU) intends to expand trade protection measures against Chinese products, with new import restrictions that go beyond the safeguards recently negotiated with Beijing. The announcement was made on Friday (16th) by European Commission President Ursula von der Leyen, following a summit of bloc leaders.
According to the official, the agreement reached with China to halve imports of Chinese hybrid cars will not be sufficient to correct the structural trade imbalances between the two economies.
The European trade deficit in the exchange of goods with China exceeds 1 billion euros per day, according to figures presented by von der Leyen. Pa…
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