18-September-2026
Economy News
 
EU Will Use All Tools to Cut China Trade Deficit, Von Der Leyen Says
17-Sep-2026

The European Union will use every possible means to reduce its "unsustainable" trade deficit trade with China, European Commission President Ursula von der Leyen said on Wednesday. Von der Leyen said that the imbalance, with a goods trade deficit of €1 billion ($1.15 billion) a day last year, had reached a tipping point and that Europe was already suffering from the second China shock through deindustrialisation.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-16/eu-will-use-all-tools-to-cut-china-trade-deficit-von-der-leyen-says
 
 
 

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