EU conservative chief urges tougher China trade stance, Bild am Sonntag reports - Finance news and analysis from Global Banking & Finance Review
Finance

EU conservative chief urges tougher China trade stance, Bild am Sonntag reports

Published by Global Banking & Finance Review

Posted on June 7, 2026

2 min read

· Last updated: June 7, 2026

Add as preferred source on Google

EU Conservative Leader Urges Stronger Trade Stance Against China in Europe

Manfred Weber Calls for Tougher EU Trade Policy Towards China

ZURICH, June 7 (Reuters) - The head of the conservative European People's Party in the European Parliament has called for a tougher European Union trade policy towards China, warning that Beijing's industrial strength threatened parts of Europe's economy, Bild am Sonntag reported.

Weber's Warning on European Economic Threats

"The time of naivety is over," Manfred Weber told the newspaper. "We must defend European interests more clearly, more firmly and more consistently."

EU Trade Deficit and Industrial Concerns

• Weber, a senior figure in Germany's CSU party, said the EU's trade deficit with China, which he put at almost €1 billion ($1.15 billion) a day, was no longer sustainable and endangered Europe's industrial base and high-quality jobs.

Potential Consequences for European Industry

• "Either we defend ourselves, or China will flatten parts of our industry," he was quoted as saying.

Upcoming EU Summit and Policy Proposals

• His comments come ahead of an EU summit on June 18, where leaders are expected to discuss protective trade measures prepared by the European Commission, including tariffs.

Leveraging Market Access and Enforcing Standards

• Weber said Brussels should use China's access to the EU single market as leverage to enforce fair competition and EU standards.

Development Projects and Technology Exclusion

• He also called for EU-funded overseas development projects not to be awarded to Chinese companies and proposed excluding China from Europe's development of 6G technology, Bild am Sonntag reported.

($1 = 0.8681 euros)

(Reporting by John Revill; Editing by Kim Coghill)

Key Takeaways

  • Weber says “the time of naivety is over” and calls for firmer, clearer defense of European interests
  • He cites a near‑€1 billion per day trade deficit with China risking EU industrial erosion and job losses
  • Ahead of the June 18 EU summit, he urges using market access, excluding China from development projects and 6G, as leverage for fair trade

Frequently Asked Questions

Who called for a tougher EU trade policy towards China?
Manfred Weber, head of the European People's Party in the European Parliament, called for a tougher stance.
Why does the EU need to review its trade policy with China?
Manfred Weber warned that China's industrial strength threatens parts of Europe's economy and high-quality jobs.
What measures are being considered to protect the EU economy from China?
Measures include possible tariffs, using market access as leverage, restricting Chinese companies from EU-funded projects, and excluding China from 6G development.
When will EU leaders discuss new protective trade measures against China?
EU leaders are expected to discuss these measures at an EU summit on June 18.
How large is the EU's trade deficit with China according to the article?
The EU's trade deficit with China is nearly €1 billion ($1.15 billion) per day.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category