Market Chatter: EU Reportedly Plans New China Trade Measures in December

10:16 AM EDT, 10/12/2026 (MT Newswires) -- The European Commission will propose new trade defense rules to address issues with China in December, Reuters reported Monday, citing unnamed commission officials. The planned measures aim to narrow the European Union's trade deficit with China and cut reliance on critical supplies from the country. EU leaders will discuss the proposals at a summit on Dec. 17 to 18. The commission did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)