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Story summary
- French President Emmanuel Macron and German Chancellor Friedrich Merz sent a joint letter urging tougher EU trade rules.
- The letter proposes a diversification rule to limit dependence on single raw-material suppliers.
- It also seeks to let the Commission quickly exclude a country from the single market in extreme cases.
- The EU reported a €360 billion trade deficit with China in 2025 and relies on Chinese rare earths.
