Europe Tries to Take On China Without Launching a New Trade War (opens original article in a new tab)

Europe and the G7 are working to reduce reliance on China's trade, driven by concerns over trade imbalances, subsidies, and supply chain vulnerabilities, while considering potential trade measures and facing challenges in diversification.

• G7 and EU aim to diversify trade away from China due to trade imbalances and concerns over subsidies
• EU leaders discuss potential trade measures against China, including tariffs, amid growing economic pressures
• China's control over critical minerals and state subsidies are key factors in EU's strategic shift