Episode

Germany Shifts EU Trade Stance on China

Podcast
Europe News Today | 2 Min News | The Daily News Now
Published
Jun 11, 2026
Duration seconds
118
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Summary

German Chancellor Friedrich Merz is pushing the EU to rethink its trade strategy with China, warning that Europe’s open markets can’t ignore unfair subsidies that are crippling German manufacturing and costing thousands of jobs monthly. As Germany shifts from trade surplus to massive deficit, pressure mounts for tougher EU measures — including an “overcapacity instrument” — while Spain remains the lone major EU holdout. Meanwhile, Macron plans a G7-China call to tackle macroeconomic imbalances, and Germany leads the push to slash the EU’s €1.8 trillion budget, demanding fiscal restraint from Brussels as citizens tighten belts at home. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/5c95e5d388a65958