EU Says Ready to Use All Trade Tools to Defend Against China
- Commission head speaks after talks with Xi, Macron in Paris
- Von der Leyen says Chinese steel and EVs are flooding Europe
Ursula von der Leyen, president of the European Commission, right, and Xi Jinping, China's president, following their meeting Paris, on May 6.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
The European Union is prepared to deploy all the tools available to defend its economies if China fails to offer fair access to its markets, European Commission President Ursula von der Leyen said after talks with Xi Jinping in Paris.
She added that heavily subsidized Chinese products such as electric vehicles and steel are flooding Europe, and said the world cannot absorb China’s surplus production.