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Tariffs on China would hit both rich and poor in EU

Over 70% of Europe’s imports of yachts, musical instruments and Christmas decorations now come from China

September 15, 2025 / 15:41 IST
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US President urges EU to place tariffs on China

A 100 percent tariff on Chinese goods would ripple through Europe, squeezing both luxury consumers and ordinary households as the region's reliance on Beijing has deepened. More than 70 percent of Europe’s imports of yachts, musical instruments, and even Christmas decorations now come from China, a Moneycontrol analysis of UN COMTRADE data shows.

Christmas decorations

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The dependence spans categories both essential and symbolic. In consumer goods, China accounted for nearly 74 percent of Europe’s Christmas decorations and more than 70 percent of athletic and gym equipment in 2024. Luxury segments are equally exposed, with 72 percent of Europe’s yacht imports and 73 percent of shawls, scarves and mufflers sourced from China.

Microwaves and toasters

Industrial and household items face similar risks. Over 82 percent of certain fluorinated chemical derivatives come from China, along with nearly 77 percent of microwave ovens, 84 percent of electric toasters, and more than half of washing machines. Everyday items such as embroidery fabrics, artificial flowers and wigs also have import shares exceeding 65 percent.