The anti-coercion tool is seen as the most geopolitical of a suite of trade defence measures being framed by the EU and decried by Beijing as “protectionist”. Image: Shutterstock
EU seals powerful trade tool to tackle economic bullying, with China in mind
- Instrument expected to be in place before the year-end, as European lawmakers and diplomats iron out differences in marathon talks
- Move involving tariffs, export controls, quotas or market entry freezes gained popular support after China’s unofficial boycott of Lithuanian goods
The anti-coercion tool is seen as the most geopolitical of a suite of trade defence measures being framed by the EU and decried by Beijing as “protectionist”. Image: Shutterstock