European Union ( EU) Chief von der Leyen warned today (May 6, 2024) that trhe European Union stands to flex its muscles to protect the bloc from China's aggressive trade practices , the Euro News website reports today.
It is von de Leyen's starkest warning that the EU executive will leave no stone unturned in its bid to stop China 's heacvily --subsidized manufacturing sector unfair trade practices from suffocating Europe's homegrown industries.
It is also the clearest sign to date that the bloc is preparing for a potential trade war with China.
"For trade to be fair, access to each other's markets also needs to be reciprocal , von der Leyen told reporters in Paris adfter meeting the Chinese President alongside France's Emmanuel Macron.
"We stand ready to make full use of our trade defense instruments if this is necessary,"von der Leyen added
"Europe cannot accept market-distorting practices that could lead to de--industrialization here at home."
"Europe will not waver from making tough decisions needed to protect its economy and its security."
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