US President Donald Trump defended his administration's implementation of reciprocal tariffs on various countries, emphasising the financial deficits the US faces with nations like China and the European Union and argued that tariffs are the only solution to these trade imbalances.
New Delhi [India], September 24 (ANI): Engineering goods exports to China and the European Union fell in August due to demand slowdown while the shipments to the United States rose during the month, Engineering Export Promotion Council (EEPC) of India said on Saturday.
Brussels [Belgium], July 20 (ANI): The European Union has raised concerns about the business environment in China, including the lack of a level playing field and the growing politicisation of business in the second largest economy in the world.
Beijing [China], July 19 (ANI): China and the European Union are set to hold high-level talks on the economy and trade amid tensions over human rights issues in Xinjiang and the war in Ukraine.
Brussels [Belgium], March 6 (ANI): In a development reflecting growing tensions between China and the European Union, Beijing has slammed the 27-country bloc for its comments on the controversial Hong Kong electoral reforms.