The parties are discussed, in particular, creating a more desirable business environment for their businesses.
China and the European Union have exchanged views on strengthening economic and trade cooperation in response to tariffs from the United States of America. This is reported by Reuters
In particular, the China Van Ventao Minister of Community discussed the appropriate issue with the European Commissioner for Trade and Economic Security Marosh Shefchovich. It is about restoring negotiations with trade benefits and the immediate initiation of negotiations with obligations about electric cars.
The conversation between the two officers took place before the duties introduced by US President Donald Trump.
Van Ventao noted that China is ready to deepen trade, investment and industrial cooperation with the European Union.
Parties also discussed creating a more desirable business environment for businesses.
As you know, on April 9, US President Donald Trump announced a pause of new duties. But with respect to China, restrictions are only increasing. In particular, Trump has raised duties to goods from China to 125%, but has reduced tariffs for all countries by 10% of 90 days.
In the United States they explained increasing duties for China
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.