The European Commission is drafting a "solidarity tool" to help firms shift supplies of critical goods and cushion the impact of trade conflicts, sources say. The measure will require funding and is being considered in talks on the EU's next multiann

2026-07-11

The European Commission is drafting a "solidarity tool" to help firms shift supplies of critical goods and cushion the impact of trade conflicts, sources say. The measure will require funding and is being considered in talks on the EU's next multiannual financial framework; the required funding is unclear but could be substantial given the scale of affected industries and trade. Some member states are pushing for spending cuts. National envoys were briefed on the propose this week.