France and Germany Want to Block Cheap Chinese Goods

European leaders are looking for new ways to stop a flood of inexpensive Chinese products from hurting local businesses.

France and Germany are worried about the huge amount of products coming from China. They say there are so many cheap Chinese goods arriving in Europe that it is becoming a major problem. Because these products are sold for such low prices, it is hard for European companies to compete. Leaders in France and Germany believe this is unfair. They are now working on a plan to create "storm gates"—or new trade rules—to control this flow of goods. Basically, they want a new tool or weapon to help protect European businesses. This would make it easier for the European Union to block or limit impor…