HomeHeadlinesChina's MOFCOM issues a statement on the EU Industrial Accelerator Act, calling it discriminative for trade; will closely monitor and engage in dialogue with the EU but threatens countermeasures if the EU presses aheadAPRIL 27, 2026 AT 12:53 AMChina's MOFCOM issues a statement on the EU Industrial Accelerator Act, calling it discriminative for trade; will closely monitor and engage in dialogue with the EU but threatens countermeasures if the EU presses aheadByNewsquawk StaffImportanceLevel 1#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#FOREX#ASIAN SESSION#DXY#TRADE
APRIL 27, 2026 AT 12:53 AMChina's MOFCOM issues a statement on the EU Industrial Accelerator Act, calling it discriminative for trade; will closely monitor and engage in dialogue with the EU but threatens countermeasures if the EU presses aheadByNewsquawk StaffImportanceLevel 1#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#FOREX#ASIAN SESSION#DXY#TRADE