EU-China Trade Tensions Escalate Amid Looming EV Tariffs

The EU is divided over how to manage economic ties with China, with France advocating for strong industrial policies and protective measures, while Germany and other free-trade proponents prefer market-driven competition. The debate centers on an EU investigation into Chinese electric vehicle subsidies, which could lead to higher import duties and potential trade wars. The issue has become politically sensitive, with a decision likely postponed until after the European Parliament elections. The broader discussion includes proposed economic security strategies and export controls, with businesses and member states expressing varied opinions on the best approach.