EU Trade Chief Seeks to Defuse China Trade Surplus Tensions

EU Trade Commissioner Maroš Šefčovič is attempting to persuade Beijing to reduce China's 'unsustainable' trade surplus with the EU, a move that could escalate into a trade war if unsuccessful. Chinese state media counter that Europe's competitiveness decline is self-inflicted, signaling a potential standoff. The outcome will determine whether the EU imposes tariffs or other measures, with significant implications for global trade flows.