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EU may need new trade tools to help its industries compete globally, top official says

By Joanna Sopinska ( March 21, 2024, 18:11 GMT | Insight) -- New EU tools beyond trade defense measures might be needed to help European industries compete on equal terms with foreign companies, one of the bloc's most senior trade officials has said. Leopoldo Rubinacci argued that existing rules that allow for punitive duties on unfairly priced imports were too narrow to properly address challenges that EU producers face today, especially from China and the US.New EU tools beyond trade defense measures might be needed to help European industries compete on equal terms with foreign companies, one of the bloc's most senior trade officials has said....

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