Risk ManagementTariffsTrade FinanceTrade PolicyTreasury Management
European leaders express concern over rising Chinese exports and consider trade measures
Devanshee Dave·June 22, 2026
- China’s goods trade surplus with the European Union reached €360.6 billion ($414 billion) in 2025, a 15% increase from 2024, with the gap expanding by 10% in the first four months of 2026.
- French President Emmanuel Macron called for protective measures akin to the US Section 301 tariffs, supported by Germany, Poland, the Netherlands, and Belgium, to address the trade imbalance.
- The EU has imposed tariffs on Chinese electric vehicles and launched anti-dumping and anti-subsidy investigations, but these measures have been slow and apply globally, risking collateral damage to other trade partners.
- European officials remain cautious about aggressive action due to fears of Chinese retaliation and are focusing on dialogue and proposing laws to diversify supply chains.
- China’s export surge, including higher-end industrial goods, is threatening European industries amid a global trade regime in flux and ongoing US-China trade tensions.
- The EU faces pressure to act more decisively, with proposals to require companies to diversify supply chains and reduce over-reliance on China, though progress has been slow.
Risk ManagementTariffsTrade FinanceTrade PolicyTreasury ManagementEast Asia & PacificEurope and Central AsiaNorth America