European Commission President Maros Šefčovič Visits Beijing Amid Escalating Global Trade Tensions

Published on 4.4.25

  The current state of international trade relations is a pressing concern for countries worldwide, with several nations bracing for potential retaliation from the US administration's proposed trade war. The European Union, in particular, is taking steps to address its own trade imbalance with China, which has been a major export destination for European goods. European Commission President Maros Šefčovič is set to discuss trade imbalance issues with Chinese officials during his visit to Beijing, including the lack of reciprocal access to procurement opportunities and market access barriers that hinder European companies' growth in the country. This comes as China faces US sanctions and announces its own countermeasures against the US. The EU's concerns are echoed by other countries facing similar trade imbalances with the US, such as the "Dirty 15" group identified by the US Treasury Secretary. The situation highlights the complex web of international trade relationships, with countries navigating competing interests and potential economic consequences.

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