EU must consider unfair competition measures - Giorgetti

(see related) (ANSA) - ROME, MAY 24 - Economy Minister Giancarlo Giorgetti said Friday that the European Union should consider taking measures like those imposed by the United States to protect its businesses from unfair competition.
    The US recently announced new tariffs on $18 billion of imports from China, saying this was necessary to protect American workers and businesses.
    It said China was flooding global markets with artificially low-priced exports and conducting unfair trade practices concerning technology transfer, intellectual property, and innovation.
    "(Access to) the free market should be granted to those who respect fundamental rights, this must be clear," Giorgetti told Rai television in Stresa, where he is chairing the G7 Finance Meeting.
    " There are geopolitical and geo-economic systems that create unfair competition.
    "The United States has taken very powerful decisions and Europe will probably have to do the same". (ANSA).