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Trade war
Analysts say bloc faces stark choice between deindustrialization or drastic action
The yuan has weakened sharply against the euro this year, putting European trade policymakers to the test. © Reuters
CLEMENT NGU
December 25, 2025 16:18 JST
LONDON — Depreciation of the Chinese yuan against the euro is undermining European Union trade defenses, according to a new analysis, prompting calls for Brussels to consider more drastic, across-the-board tariff mechanisms.