EU, China Seek Stronger Trade Cooperation Amid US Tariff Threats

During a recent meeting in Beijing, European Commissioner for Trade Maros Sefcovic and Chinese Vice Premier He Lifeng discussed strengthening trade relations between the EU and China amid rising U.S. protectionism. He invited the EU to collaborate in resisting unilateralism, particularly in light of recent U.S. tariffs on Chinese imports and potential tariffs targeting European vehicles. Sefcovic echoed the sentiment of increasing cooperation, as both sides seek to safeguard the multilateral trading system. Despite a willingness to deepen ties, the EU remains cautious about economic engagements with China, citing concerns over market access and data transfer issues. This year marks the 50th anniversary of diplomatic relations between the EU and China, highlighting the importance of their partnership. Experts suggest that a balanced trade framework and open markets are essential for both parties as they navigate a complex global trade environment.