China warns EU over possible market restrictions

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China warns EU over possible market restrictions
Politics

CNBC

China's commerce ministry warned the European Union it will "respond firmly" if Brussels imposes restrictions on Chinese businesses or products, saying such steps would undermine mutual trust and disrupt ongoing trade talks. The warning comes as the EU seeks concrete results by October to reduce a record goods trade deficit with China and as reports say Germany and France are pushing a fast-acting tool to allow Brussels to cut China off within 24 hours, mirroring U.S. Section 301 measures. Immediate consequences include higher diplomatic tension and the risk of stalled negotiations that could affect EU-China trade flows.

China will respond firmly to proposed EU market restrictions

Context

China and the EU held trade talks this summer. The EU wants to reduce its record trade…

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