Tariff threats

China and EU to Jointly Counter US Tariff Threats

China’s economy tsar, extending an olive branch amidst rising global trade tensions, has invited the EU’s trade chief to collaborate in countering the threat of escalating tariffs. This invitation signifies a potential shift in global alliances, as economic powers seek to forge partnerships to navigate increasingly protectionist trade policies.

This proposed alliance aims to create a united front against what is perceived as unfair or overly aggressive tariff practices, potentially spearheaded by a particular nation. The focus is on building a collaborative framework to minimize economic disruption and safeguard mutual trade interests.

The suggestion of a joint effort to resist tariff threats highlights the growing concerns among major economies regarding the potential for trade wars to disrupt global economic stability.… Continue reading