Business & Finance
EU Is Taking Harder Line on China’s Trade Gap as Talks Kick Off
Key Points
EU Is Taking Harder Line on China’s Trade Gap as Talks Kick Off The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war. The EU’s trade chief, Maros Sefcovic, will meet with Chinese Commerce Minister Wang Wentao this week to address a trade deficit that exceeds $1 billion a day. The meeting comes as the EU prepares so-called safeguard measures that would limit imports of...
EU Is Taking Harder Line on China’s Trade Gap as Talks Kick Off
The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war.
The EU’s trade chief, Maros Sefcovic, will meet with Chinese Commerce Minister Wang Wentao this week to address a trade deficit that exceeds $1 billion a day. The meeting comes as the EU prepares so-called safeguard measures that would limit imports of Chinese hybrid vehicles – a move that may be seen as an escalation.