China, EU officials stress cooperation as Trump tariffs bite

With US policy squeezing exports, both sides look to defuse trade tensions

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European Union chief Ursula von der Leyen and Chinese Premier Li Qiang at the EU-China Business Leaders Symposium in Beijing in July. China and the EU have spent the past two years on the brink of a trade war, which most analysts trace back to the European Commission's 2023 decision to open an anti-subsidy probe into Chinese-made electric vehicles.

(REUTERS)

China’s Premier Li Qiang and European Union chief Ursula von der Leyen stressed cooperation during their meeting in New York, as the world’s secondand third-largest economies looked to defuse trade tensions while squeezed by US President Donald Trump’s tariffs.