European Union Encourages China to Pursue Diplomatic Solution to US Tariffs
EU Commission President Ursula von der Leyen emphasized the need for collaboration with Beijing to “support a strong reformed trading system,” as stated by von der Leyen.
Calling for a “negotiated resolution” to tariffs imposed by U.S. President Donald Trump, EU Commission President Ursula von der Leyen urged China to act.
Von der Leyen and Qiang explored the idea of establishing a system to monitor potential trade diversion and address any arising issues.
The discussion between them covered bilateral and global matters, reflecting a constructive exchange.
She noted that the 50th anniversary of diplomatic relations between the EU and China falls in 2025.
She reiterated the necessity for structural solutions to balance the trade relationship and enhance European businesses’ access to the Chinese market.
The EU bloc of 27 nations currently faces 25 percent import tariffs on specific goods, with tariffs rising to 20 percent on almost all other goods starting from April 9, in response to Trump’s policy of reciprocal measures against countries with high barriers to U.S. imports.
Proposing retaliatory tariffs on various U.S. imports, ranging from dental floss to diamonds, the commission took action on Monday evening.
On April 7, Trump warned of an additional 50 percent tariff on China if it did not retract its retaliatory measures against U.S. goods.
This warning followed China’s announcement of 34 percent retaliatory tariffs and other trade restrictions in response to the U.S. administration’s reciprocal duties introduced on April 2.
Andrew Moran and Reuters contributed to this report.