QtrendsEU struggles to rebalance trade with China
European efforts to rebalance trade with Beijing face a paradox: while political will exists to reduce dependency, Europe remains heavily reliant on Chinese-made goods like air conditioners. China and the EU have agreed to deepen trade consultations amid rising tensions. Meanwhile, Asia's major trade pacts are helping mitigate the impact of Trump-era tariffs on regional economies.
Sources:
China, EU to deepen trade consultations
(China Daily)
Asia's big trade pacts soften damage from Trump tariffs
(Nikkei Asia)
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