France has urged tariff barriers to prevent China from killing

French Finance Minister Eric Lombard said Europe should sideline its tariff obstacles to combat Chinese imports that reduce the risk that damages the industrial economy of the continent. Lombard stated that Europe has already taken action on steel and automobiles, but the rules should be changed to allow wide use of measures against imports from China. “We are in the world today, we should protect our industry,” Lombard said at a conference on Saturday at Ax-N-Provence, France. “We should do this on all industrial sections, otherwise the Chinese policy that has more than 50% global market share production capacity in each sector will kill our industry.” China on Friday announced anti-dumping duties on European brandy, while the major cognac manufacturers exempted the minimum price level. Following the European Union’s decision in 2024, this action highlighted duties as 45% on Chinese-made electric vehicles.