EU-China Closing Gaps In Trade Defence

The European Commission is evaluating stronger, more flexible trade defence instruments to counter systemic non-market distortions from China. Simultaneously, markets are awaiting the Fed's latest policy decision and Kevin Warsh's inaugural press conference as Chair.

Key Takeaways

• 1.The European Commission is seeking to expand its trade defence toolkit to better counter non-market distortions from China.
• 2.Existing tariffs on Chinese EVs have had limited impact due to market shifts toward hybrid models.
• 3.The Fed is expected to remain on hold with a focus on Kevin Warsh's first press conference as Fed Chair.

Table of Contents

• EU-China: closing gaps in trade defence
• Tariffs offer only marginal relief
• The context
• The data
• Our view
• Other things to note
• Warsh's First meeting as Fed chair
• Today's data releases

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