VDL: EU ready to act if no deal with China by fall

 European Commission President Ursula von der Leyen said on Friday that the European Union is prepared to impose measures against China if bilateral trade talks do not progress by fall. Last week, EU Trade Commissioner Maros Sefcovic said he expects "tangible results" by October, after his next visit to Beijing.

Von der Leyen said the EU must be "very clear" about the issues in its trade relations with China, including overcapacity, lack of EU market access to China and unfair competition due to subsidies. "We are basically prepared for everything, and we have all instruments on the table, and we are thinking about other possibilities if necessary," she told reporters.

https://breakingthenews.net/Article/VDL:-EU-ready-to-act-if-no-deal-with-China-by-fall/66630063