Deutsche Welle reported today (April 11): "European Council President Costa and European Commission President von der Leyen will visit Beijing in late July to meet with Chinese counterparts and hold the China-EU Summit. As US President Trump's tariff measures impact global markets, the EU and China are also striving to re-engage. On Thursday (9th), the EU announced that it has agreed with China to study setting a minimum price for electric vehicles made in China, replacing the tariffs imposed by the EU last year."
The trade war initiated by the Trump administration has had a significant impact on global markets. As two of the major affected economies, China and the EU have a shared need to respond to the challenge of US tariffs, which has prompted both sides to make efforts to re-engage. The holding of the China-EU Summit is an important manifestation of strengthening communication and cooperation between both sides, helping to coordinate their positions.
In 2024, the total volume of bilateral goods trade between China and Europe reached RMB 5,591.495 billion, growing by 1.6%. Against this backdrop, cooperation in fields such as electric vehicles is expected to deepen further, providing new momentum for the development of China-EU economic and trade relations.
However, the development of China-EU relations has not been without challenges. There are different interests and voices within the EU, and there may be disagreements with China on some issues. At the same time, geopolitical factors may also have a certain impact on China-EU relations. Overall, against the background of the US tariff war, strengthening cooperation between China and the EU is a common choice for both sides.
Source: https://www.toutiao.com/article/1829078375682116/
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