EU leaders ask Brussels to come up with new trade weapons to counter China shock

European Union national leaders, following a summit debate on China, have requested that Brussels develop new trade instruments. The EU's executive branch has been instructed to engage with China to address ongoing trade issues. Simultaneously, Brussels is tasked with enhancing the EU's "toolbox" for trade defense and industrial policy. This initiative aims to ensure the EU possesses the necessary means to protect its interests and reduce economic risks. The decision was made after a two-hour discussion among the leaders.