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Shortly after the establishment of the Sino-European trade and investment consultation mechanism, the EU ignored the consensus reached between the two sides, rushed to unilaterally introduce restrictive trade measures and continue to pursue protectionism to resolve the so-called trade balance issue. EuroNews TV reported on the 14th that European Commission's Deputy Director-General for Trade and Economic Security, Lei Donnei, stated in the European Parliament that unilateral trade protection measures with China will be introduced before the October deadline set by European Commission Trade and Economic Security Commissioner Shev Covic to promote progress in negotiations with China. He asserted that “dialogue alone is not enough,” stressing that the EU should take the initiative to maintain the local industrial base, keep a close eye on China's economic and trade initiatives, probably implement a number of unilateral protection measures, and push for related work to be carried out in parallel. Also, according to the “European News Network”, Redonnei revealed that in the next few months, the EU will implement structural and temporary dual trade protection measures for Chinese exports. Among them, structural measures include anti-dumping and countervailing investigations, while temporary “safeguard measures” are used to deal with the impact of surging imports on the EU market.
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Shortly after the establishment of the Sino-European trade and investment consultation mechanism, the EU ignored the consensus reached between the two sides, rushed to unilaterally introduce restrictive trade measures and continue to pursue protectionism to resolve the so-called trade balance issue. EuroNews TV reported on the 14th that European Commission's Deputy Director-General for Trade and Economic Security, Lei Donnei, stated in the European Parliament that unilateral trade protection measures with China will be introduced before the October deadline set by European Commission Trade and Economic Security Commissioner Shev Covic to promote progress in negotiations with China. He asserted that “dialogue alone is not enough,” stressing that the EU should take the initiative to maintain the local industrial base, keep a close eye on China's economic and trade initiatives, probably implement a number of unilateral protection measures, and push for related work to be carried out in parallel. Also, according to the “European News Network”, Redonnei revealed that in the next few months, the EU will implement structural and temporary dual trade protection measures for Chinese exports. Among them, structural measures include anti-dumping and countervailing investigations, while temporary “safeguard measures” are used to deal with the impact of surging imports on the EU market.
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