Brussels increasingly concerned it would struggle to fight back in a global trade war
Brussels fears divisions between member states will hamper its ability to combat a potential flood of cheap goods from China — dumped by Beijing in response to the prospect of higher US tariffs — with sanctions of their own. President-elect Donald Trump’s threat to tax Chinese imports by up to 60 per cent during his second term has raised concerns that Beijing will seek to regain the market share lost in the US by dumping more goods in other markets — including the EU.
” Ignacio Garcia Berrero, a former senior Commission trade official, told the FT that the EU could use existing so-called “safeguard measures”, which enable Brussels to quickly introduce tariffs or quotas when there are sudden spikes in imports. Once the commission proposes tariffs, member states vote on whether to approve them. However, if four or more member states comprising at least 35 per cent of the population vote no, they do not apply.
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