Yemeni government forces claim Bab el-Mandeb area as Houthis hit back at Saudi ArabiaRussian drone hits Kyiv bridge during Merz visit as Ukraine adds anti-drone turretsBolsonaro tops Lula in first round, setting up Brazil runoffUS pulls all bombers from RAF Fairford as London insists base is safeAirstrikes continue in north Ethiopia as Addis Ababa cuts ties with EritreaEuro hits 17-month low as French debt worries spreadNigerian military aircraft crashes in Ondo state, all 32 aboard believed deadTanker attacks in Hormuz continue as Iran says US warships have leftAramco warns oil stocks are 'scarily thin' as Gulf exports recoverRussia denies plague as Siberian lab worker's death prompts quarantines and US monitoringTurkish-owned grain ship sinks off Romania, two dead, Ukraine blames Russian dronesSánchez calls snap election after housing decrees failGerman spy chiefs warn of violent conflict with Russia as Europe preparesGermany and France propose EU trade tool to cut off market accessOpenAI agents reportedly hit US and UN sites as Altman defends accepting riskMyanmar airstrikes on Rakhine displacement camps kill eight, rebel group saysSchneider Electric agrees all-cash takeover of PTCImran Khan supporters march on locked-down IslamabadRosatom says Ukrainian drones hit facilities at Zaporizhzhia nuclear plantHow Congo's Ebola epidemic became its worstThailand floods death toll rises to 31French school protests continue as 15-year-old is seriously injuredNationalists gain in Bosnia as Dodik claims victoryIran's oil minister resigns as exports dry up under US pressureQuebec votes with separatist Parti Québécois poised to winNobel medicine prize goes to Deisseroth, Hegemann and Nagel for optogeneticsFBI arrests woman accused of spying on Taiwan president's son for ChinaRussian strikes squeeze Ukraine's economy and grain exportsHack exposes data of 8.8 million people in Danish national registerUK threatens to expel 27 Israeli diplomats over East Jerusalem consulateUS Supreme Court hears oil majors' bid to block climate damages suitsQualcomm to pay Huawei for patents for the first timeMicron profit and Foxconn sales surge on AI demandTrump's AI task force takes shape under Jay Clayton as Musk renames AI firmOutrage in Japan after US Marine arrested over killing in OkinawaSeoul says North Korea planted mines behind border blastMexico demands evidence after reported cartel fire on US Coast GuardAfD in Saxony-Anhalt seeks government and parliament postsHungary set to drop veto on Ukraine EU talks as Brussels eyes farm subsidy limitsIndia seeks bigger role in Ukraine peace efforts as Lukoil asset sale enters US-Russia talksBrazilian real and stocks jump as Bolsonaro leads election first roundUK weighs tariffs on Chinese electric cars to align with EUUS strike on alleged drug boat kills four in CaribbeanIndia-US trade talks reach 'plateau'Top investor backs Intesa's sweetened bid for Monte dei PaschiICC unveils arrest warrants for two Taliban leadersKosovo parliament takes up Specialist Chambers law as protesters gather outsideYemeni government forces claim Bab el-Mandeb area as Houthis hit back at Saudi ArabiaRussian drone hits Kyiv bridge during Merz visit as Ukraine adds anti-drone turretsBolsonaro tops Lula in first round, setting up Brazil runoffUS pulls all bombers from RAF Fairford as London insists base is safeAirstrikes continue in north Ethiopia as Addis Ababa cuts ties with EritreaEuro hits 17-month low as French debt worries spreadNigerian military aircraft crashes in Ondo state, all 32 aboard believed deadTanker attacks in Hormuz continue as Iran says US warships have leftAramco warns oil stocks are 'scarily thin' as Gulf exports recoverRussia denies plague as Siberian lab worker's death prompts quarantines and US monitoringTurkish-owned grain ship sinks off Romania, two dead, Ukraine blames Russian dronesSánchez calls snap election after housing decrees failGerman spy chiefs warn of violent conflict with Russia as Europe preparesGermany and France propose EU trade tool to cut off market accessOpenAI agents reportedly hit US and UN sites as Altman defends accepting riskMyanmar airstrikes on Rakhine displacement camps kill eight, rebel group saysSchneider Electric agrees all-cash takeover of PTCImran Khan supporters march on locked-down IslamabadRosatom says Ukrainian drones hit facilities at Zaporizhzhia nuclear plantHow Congo's Ebola epidemic became its worstThailand floods death toll rises to 31French school protests continue as 15-year-old is seriously injuredNationalists gain in Bosnia as Dodik claims victoryIran's oil minister resigns as exports dry up under US pressureQuebec votes with separatist Parti Québécois poised to winNobel medicine prize goes to Deisseroth, Hegemann and Nagel for optogeneticsFBI arrests woman accused of spying on Taiwan president's son for ChinaRussian strikes squeeze Ukraine's economy and grain exportsHack exposes data of 8.8 million people in Danish national registerUK threatens to expel 27 Israeli diplomats over East Jerusalem consulateUS Supreme Court hears oil majors' bid to block climate damages suitsQualcomm to pay Huawei for patents for the first timeMicron profit and Foxconn sales surge on AI demandTrump's AI task force takes shape under Jay Clayton as Musk renames AI firmOutrage in Japan after US Marine arrested over killing in OkinawaSeoul says North Korea planted mines behind border blastMexico demands evidence after reported cartel fire on US Coast GuardAfD in Saxony-Anhalt seeks government and parliament postsHungary set to drop veto on Ukraine EU talks as Brussels eyes farm subsidy limitsIndia seeks bigger role in Ukraine peace efforts as Lukoil asset sale enters US-Russia talksBrazilian real and stocks jump as Bolsonaro leads election first roundUK weighs tariffs on Chinese electric cars to align with EUUS strike on alleged drug boat kills four in CaribbeanIndia-US trade talks reach 'plateau'Top investor backs Intesa's sweetened bid for Monte dei PaschiICC unveils arrest warrants for two Taliban leadersKosovo parliament takes up Specialist Chambers law as protesters gather outside
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EU trade defence

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Where things stand

Germany and France are pushing the EU to build a trade instrument that could cut a country off from the single market in cases of coercion. Leaders are due to take up the proposal at a mid-October summit, and the FT reads it as aimed at China's rare earth export curbs.

The EU is weighing how to defend itself against economic pressure from trading partners, with China's export restrictions on rare earths a central concern. Berlin and Paris are pressing for stronger tools, while the Commission and other member states must agree on how far they should go.

Timeline in detail

Tuesday, 6 October 2026Economy

Germany and France propose EU trade tool to cut off market access

Chancellor Merz and President Macron want the EU to be able to cut a country off from the single market in cases of trade coercion. EU leaders are due to take up the proposal at a summit in mid-October.

Financial TimesHandelsblattFAZ