US EditionMacron Threatens China with Tariffs over Trade Surplus: Report
Macron highlighted over €300 billion EU trade deficit with China in 2024 and warned tariffs may be needed to protect European industry from Chinese export dominance.
- European Union members cannot set trade policy individually, being represented by the EU Commission instead.
- French President Emmanuel Macron threatened tariffs on Chinese products if China does not address its trade surplus with Europe.
- Macron said the EU needed to allow more Chinese investment but prevent predatory practices that threaten European industries.
140 Articles
140 Articles
On his trip to China, Foreign Minister Johann Wadephul warns of a "ping-pong effect". Previously, the French President had brought customs duties against China into play.
Macron warns EU may hit China with tariffs over trade surplus
French President Emmanuel Macron warned that the European Union may be forced to take “strong measures” against China, including potential tariffs, if Beijing fails to address its widening trade imbalance with the bloc. “I’m trying to explain to the Chinese that their trade surplus isn’t sustainable because they’re killing their own clients, notably by importing hardly anything from us any more,” Macron told Les Echos newspaper in an interview p…
In the trade conflict with China, French President Macron has tightened the tone. Macron, having returned from a three-day visit to China in the business paper "Les Echos", tried to explain to the Chinese that their trade surplus was not sustainable.
France's Macron threatens China with tariffs over trade surplus - Les Echos
French President Emmanuel Macron said he had threatened Beijing with tariffs during his state visit to China if there was no action taken to reduce the country's ever-widening trade deficit with the European Union.
Alarm bells on China’s threat to EU
Analysts and European politicians are ramping up warnings that China’s export-heavy economy puts the continent at risk.French President Emmanuel Macron, who just visited China, said the EU faces “a question of life or death” over its severe trade deficit with Beijing.A stronger Chinese export sector is expected to lower the eurozone’s GDP by 0.5% by 2029, according to a recent Goldman Sachs estimate.“Many countries are frustrated by China’s stra…
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