EU and China Seek Balanced Trade Amid U.S. Tariffs
EU Commission President Ursula von der Leyen urged China to find a negotiated solution to the challenges posed by U.S. import tariffs. In talks with China's Li Qiang, she emphasized the need for Europe and China to maintain a fair trading system and monitor trade diversions.
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- Belgium
EU Commission President Ursula von der Leyen has called upon China to look for a negotiated settlement to the issues arising from significant U.S. import tariffs. This appeal was made during a phone conversation with China's Prime Minister Li Qiang.
Von der Leyen highlighted the crucial role that Europe and China, as two of the world's biggest markets, must play in preserving a robust, reformed trading system that is free, fair, and based on a level playing field, according to a statement from her office.
The two leaders deliberated on establishing a mechanism to monitor potential trade diversion due to the tariffs. The European Union is concerned that China may reroute inexpensive exports affected by U.S. tariffs towards Europe.
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