EU Prepared to Fight Unfair Chinese Trade Practices, Says German Leader Friedrich Merz

German leader Friedrich Merz has asserted that the European Union (EU) is fully prepared to protect its industries from unfair Chinese trade practices. Speaking at a conference in Berlin, he expressed concern over cheap imports from China hurting European businesses and local trade.

Merz pointed out that China gains an unfair trade advantage through heavy government subsidies for products and overproduction. However, he emphasized that initiating a trade war with China is not their goal, and the focus remains on achieving a fair and balanced trade relationship.

To safeguard EU industrial interests, Germany and France have jointly proposed new trade defense instruments. Merz highlighted that the EU faces a significant trade deficit with China every year and noted that diplomatic discussions remain the preferred route for resolving disputes.

These shifts in international trade dynamics could also impact Indian exports and global commerce. Merz reiterated that necessary actions will be taken to safeguard the interests of European industries.