EU trade chief wants to emulate US strength in talks with China – POLITICO


“I was informed that (it took) more than six rounds of negotiations between the United States and China to organize the summits that took place between President Trump and President Xi,” he told reporters at a press conference following the OECD ministerial meeting in the French capital.

“I think we should reach the same level of intensity of conversation.”

Trade deficit of EU goods with China increased to €360 billion last year from €312 billion in 2024. It rose the fastest in the first quarter of 2026, trade figures show.

European Union leaders plan to discuss how to deal with China’s manufacturing deficit and export subsidies during the June 18-19 European Council meeting; EU commissioners in the past discussed how to deal with Beijing’s trade policy at the end of May summit. The topic will also be on the agenda of the G7 leaders’ meeting France will chair in its Évian-les-Bains region on June 15-17.

Time several EU countries, led by Franceare calling for tougher measures such as more trade inspections and new trade protection tools, the German-led free trade bloc has long urged caution.

At the end of last week, after the meeting of the Commission, Beijing he was quick to threaten to retaliate against any new moves aimed at China.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *