While the US/EU trade negotiations are ungoing, the EU commissioner Sefcovic is looking at China too:
This week’s EU-China Summit is an opportunity to discuss critical trade and investment issues.We must work towards a more balanced partnership
The goal for the EU in the comments from Sefcovic are similar to the US – a more balanced partnership. Needless to say with the US likely to impose tariffs near 20% on EU goods, looking to diversify would be a goal, but China needs to open up. Will they?
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This article was written by Greg Michalowski at investinglive.com.