Trade war

Analysts say bloc faces stark choice between deindustrialization or drastic action

20251223 yuan euro banknotes

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.