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MNI BRIEF: EU's Gentiloni Calls For G7 Coordination On China

(MNI) ROME
STRESA, Italy
CEEMEAPolicy NewsAPACChinaEurozoneBriefStoryRegion

EU Economy Commissioner Paolo Gentiloni and Italian Finance minister Giancarlo Giorgetti called on G7 countries to better coordinate their responses to what they see as China’s industrial over-capacity in the wake of the latest U.S. tariffs.

Giorgetti called for a balance between “security with free trade in this new phase of globalisation,” while Gentiloni said “we need a united response”. (See MNI EM INTERVIEW: China Exports To Grow In 2024 - Advisor To Grow In 2024 - Advisor)

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EU Economy Commissioner Paolo Gentiloni and Italian Finance minister Giancarlo Giorgetti called on G7 countries to better coordinate their responses to what they see as China’s industrial over-capacity in the wake of the latest U.S. tariffs.

Giorgetti called for a balance between “security with free trade in this new phase of globalisation,” while Gentiloni said “we need a united response”. (See MNI EM INTERVIEW: China Exports To Grow In 2024 - Advisor To Grow In 2024 - Advisor)