29 July 2025

Both targets of Trump’s tariffs, the EU and China still can’t get along

Simone McCarthy

Hong KongCNN —As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.But a summit between the two sides in Beijing on Thursday is instead expected to showcase the deep-seated frictions and mistrust that are widening a rift between the two heavyweights.

European Council President Antonio Costa and European Commission President Ursula von der Leyen are set to meet Chinese leader Xi Jinping and hold summit talks with Chinese Premier Li Qiang in Beijing.The meeting comes as both countries have faced heightened tariffs on their exports to the US – with uncertainties in US trade relations driving Beijing to look to tighten ties with the EU and other major economies.

But a list of grievances between the two sides are setting that goal out of reach.The EU was far from shy about its concerns in the lead up to the summit. Officials in recent weeks have reiterated their long-standing concerns over what they say are inexpensive Chinese goods “flooding” European markets, raised alarms about Beijing’s move to squeeze the rare earths supply chain, and decried its ongoing backing for Russia as it wages war in Ukraine.

Beijing has lashed out against those concerns, including the 27-member bloc’s move last year to raise tariffs on its electric vehicles, launching a range of its own trade probes in apparent retaliation.European Commission President Ursula von der Leyen shakes hands with Chinese leader Xi Jinping after holding a trilateral meeting including French President Emmanuel Macron in Paris in May, 2024. Christian Liewig/Corbis/Getty Images


No comments: