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European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.
Chinese President Xi Jinping criticised Brussels's recent trade actions against Beijing at a tense summit dominated by concerns on trade and the Ukraine war.
The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
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China and the European Union have issued a joint call to action on climate change during a tense summit in Beijing.
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.
E.U. leaders are in Beijing to mark 50 years of diplomatic relations with China, but they have major disagreements over trade and Russia’s war against Ukraine.
The European Union's drug regulator has recommended approval of Moderna's updated formulation of COVID-19 shot Spikevax, the vaccine maker said on Friday.
Adam Dunnett, secretary general of the European Union Chamber of Commerce in China, expressed hope that China and the EU would continue to deepen and expand their cooperation. He was attending the China-Europe CEO Roundtable held in Beijing on Thursday.