EU moves to assess import spikes and consider new quotas on Chinese goods

Anonymous sources report that the European Commission has begun a systematic review of trade figures to detect any growth in imports from China and other nations, potentially paving the way for new import quotas. The analysis covers multiple sectors, notably chemicals and machinery, and could trigger protective steps if import levels rise sharply. The bloc recently concluded a safeguard agreement with China limiting hybrid vehicle imports, which officials may replicate for other product categories.

Germany is pressing the EU to fast-track further quota proposals, aiming for a rollout before the end of the year. EU leaders are set to meet in Brussels to discuss the next steps in curbing Chinese exports and addressing the trade imbalance. Trade commissioner Valdis Dombrovskis will monitor progress and hold further talks with Chinese counterparts early next year.