The European Union plans to introduce new safeguards against imports from China in the first quarter of 2027 to reduce the trade deficit, which reached 360 billion euros last year, Bloomberg reports. Restrictions in the form of quotas or tariffs will affect the supply of chemical products, furniture and equipment.

The European Union plans to introduce new safeguards against imports from China in the first quarter of 2027 to reduce the trade deficit, which reached 360 billion euros last year, Bloomberg reports. Restrictions in the form of quotas or tariffs will affect the supply of chemical products, furniture and equipment.