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๐Ÿ‡ซ๐Ÿ‡ท Emmanuel Macron ยท ๐Ÿ‡ฉ๐Ÿ‡ช Friedrich Merz

Merz, Macron seek tougher EU measures against unfair trade

Emmanuel Macron โ€” WorldLeadersNews coverage
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Macron and Merz urge EU to introduce tougher trade measures against unfair practices by other states.

What happened

Macron and Merz have written a joint letter to the European Commission calling for the introduction of two new measures to address unfair trade practices by other states, including preventing companies from becoming overly dependent on individual suppliers and allowing for expedited exclusion of countries from the European single market in exceptional circumstances.

Why it matters

The EU's struggles to maintain global competitiveness and dependencies on certain suppliers have led to "geoeconomic risks" and undermine a level playing field for European companies.

Key facts

  • Macron and Merz requested two new EU trade measures
  • The measures aim to prevent companies from becoming overly dependent on individual suppliers
  • The EU's trade deficit with China is vast and growing
  • The measures propose allowing the Commission to exclude a country from single market access in extreme situations
  • The EU's trade commissioner will visit China for talks this week.

Topics

Publisher evidence used

Reporting attributed to dw.com. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.

Read at dw.com

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