Key facts
- Merz and Macron want the EU to gain new powers to block imports deemed a threat.
- The EU faces challenges from weaponized trade, market distortions, and macroeconomic imbalances.
- The current EU trade defense toolbox is considered insufficient.
- A new instrument would allow the Commission to exclude imports from certain countries.
- Measures would stand unless a 'reverse' qualified majority of EU governments voted to block them.
- Trade Commissioner Maroš Šefčovič is set to visit Beijing for talks on the EU-China trade relationship.
German Chancellor Friedrich Merz and French President Emmanuel Macron have called for the European Union to develop new powers to act more swiftly against trade threats. In a joint letter and position paper sent on Monday, the leaders stated that the EU faces unprecedented challenges due to the "weaponization of trade, systemic market-distorting practices and global macroeconomic imbalances."
