France and Germany Advocate for New EU Trade Instruments to Protect European Industry

France and Germany have jointly called for the creation of new European Union trade instruments to address "unprecedented challenges" to the bloc's trade system, including market-distorting practices and global macroeconomic imbalances. In a letter to European Commission President Ursula von der Leyen, French President Emmanuel Macron and German Chancellor Friedrich Merz argued that existing measures are insufficient and proposed a "comprehensive framework" to diversify supply chains and counter unfair trade.