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EU Grapples with Surge of Cheap Chinese Imports

12/9/2025

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Story summary
  • The European Union faces a 'China shock' as cheap Chinese imports surge, hitting autos and high-tech equipment.
  • The European Commission created a Surveillance Task Force to monitor trade diversion and to report rising imports of industrial robots and integrated circuits from China with falling prices.
  • Past targeted tariffs have not fully offset China's price advantage, and the European Central Bank (ECB) could cut rates in 2026 with inflation near 2%.