EU will retaliate if China misses October trade deadline, von der Leyen says
European Commission President Ursula von der Leyen says the EU is prepared to use retaliatory tools if China fails to meet trade targets by October. "We are basically prepared for everything, and we have all the instruments on the table," she said. Brussels has set an October deadline to secure tangible results.
European Commission President Ursula von der Leyen said the EU could resort to retaliatory options if there is no tangible progress in trade relations with China. According to Euronews, von der Leyen said: "We are basically prepared for everything, and we have all the instruments on the table."
The EU has set October as the deadline for the results it expects from China. The bloc is seeking progress on issues such as trade imbalances and market access.
Trade tension between Europe and China spans sectors from electric vehicles to industrial goods. Analysts warn that if no concrete steps are taken by October, reciprocal measures could weigh on global supply chains and add friction to an already strained relationship.
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