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Economic competitiveness & economic security go hand in hand We must urgently address market imbalances & distortion to ensure that our businesses thrive & citizens prosper. Europe must remain open for business, not to absorb others’ overcapacity @_FriedrichMerz @ManfredWeber https://t.co/RzNCcRd2Uv #EconomicCompetitiveness #MarketReform #OpenForBusiness #EU
Global imbalances are a key focus of this Summit. We all face overcapacity and export controls of minerals. Together, we have the scale and partnerships to respond. Through critical raw materials agreements with partners around the world ↓ https://t.co/m5RYqN5yWy #GlobalImbalances #RawMaterials #Sustainability #Therearenospecificcountriesmentionedinthetweet.Therefore #Icannotprovideanycountrycodes.
Europe is developing a toolkit to address Chinese overcapacity. As always, the continent remains divided, but there are growing signs that the policy mindset is shifting toward an EU equivalent of the U.S. Section 301 mechanism. #EUTrade #ChineseOvercapacity #TradePolicy #EU #CN #US
Indeed. It’s not overcapacity. It’s market distortion, dumping, & a deliberate attempt by the Chinese to bury our industry & industrial capacity. That in itself isn’t ridiculous. They don’t hide their intention. On the othe hand, Europe dragging its feet on economic security is. #MarketDistortion #EconomicSecurity #IndustrialCapacity #CN #EU
Member States have a choice - continue down the path of economic destruction caused by Chinese overcapacity and market destruction, or protect our markets while boosting trade with our partners rather than foes. #Trade #Economy #Protectionism #CN
🇺🇸 🇨🇳 US to Mull Action If #China Overcapacity Found, Trade Envoy Says - Bloomberg https://t.co/1Et2ii4pMv #USChinaTrade #Overcapacity #TradePolicy #US #CN
