tirsdag 30. juni 2026

EU gets tough on China as trade imbalance stokes deindustrialisation fears

As European Union trade commissioner Maros Sefcovic hosted Chinese Commerce Minister Wang Wentao in Brussels for talks on Monday, the Slovak diplomat was all smiles.

But behind the diplomatic niceties, Sefcovic’s message to China rang out loud and clear. Addressing the media after a marathon day of negotiations with Wang, Sefcovic may not have literally said “enough is enough,” but he hardly needed to. “China’s exports to the EU keep rising, while our market share in China keeps shrinking,” Sefcovic said. “This trend is not sustainable. The status quo is not an option.”

For a long time, Europe was seen as the Transatlantic counterargument to United States President Donald Trump’s protectionism, defending free commerce and trade against a rising populist tide. That now feels like a distant memory.