Overview
- European Commission President Ursula von der Leyen suggests room for constructive engagement with China to deepen trade and investment ties while continuing to address economic risks.
- The EU aims to strike a fairer and more balanced relationship with China, despite past tensions over trade imbalances and Beijing’s support for Russia during the Ukraine conflict.
- The EU is preparing for challenging negotiations with the U.S. following President Trump’s announcement of new tariffs targeting Chinese goods, with the EU potentially next in line.
- EU trade chief Maros Sefcovic calls for early engagement with the U.S. to mitigate the impact of proposed tariffs, emphasizing the importance of the transatlantic trade relationship.
- EU officials stress the need for unity in negotiations with the U.S., with leaders prioritizing shared interests in critical supply chains and emerging technologies while protecting EU interests.