France and Germany call for a new weapon that would allow the “immediate isolation” of China from the EU market G trends

In the strongest sign yet of a change in EU policy towards China, the leaders of France and Germany demanded a new trade weapon that would block access to the EU market when third countries cause severe distortions. This tool will effectively act as a kill switch, allowing Brussels to respond quickly to systemic distortions, perhaps immediately. This would give dramatic new powers to the European Commission, the EU’s executive branch, which manages trade policy for the 27 member states.