French Advisers Urges EU Tariffs or Weaker Euro to Counter China

European Union flags flutter outside the EU Commission headquarters, on the day of a European Union leaders' summit in Brussels, Belgium, December 18, 2025. REUTERS/Stephanie Lecocq/File Photo

The European Union should consider either an unprecedented 30% across-the-board tariff on Chinese goods or a 30% depreciation of the euro against the renminbi to counter a flood of cheap imports, a French government strategy report said on Monday.

Europe is facing a surge in Chinese competitive pressure, with Chinese firms gaining market share, including in industries once dominated by European countries, the report said, while acknowledging that its proposals would be hard to implement.

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by Reuters

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