Overview

• European Commission President Ursula von der Leyen and Chinese Premier Li Qiang held a pivotal call to strengthen EU-China relations and stabilize global trade.
• The leaders agreed to host an EU-China summit in July, coinciding with the 50th anniversary of their diplomatic ties.
• The discussions highlighted the shared responsibility of the EU and China to promote a fair, reformed global trading system.
• US tariffs, particularly those introduced under former President Trump, were identified as a significant factor destabilizing the global economy.
• Despite longstanding trade grievances, the EU appears focused on mending relations with China to mitigate economic pressures.