China calls on US and EU to reconsider tariffs
Beijing said it was willing to buy more US farm goods, but only if the two sides agreed to slash tariffs. Beijing called on the US and the EU to reconsider their levies on Chinese goods, as the country’s exports reached record highs. Beijing said it was willing to buy more US farm goods, but only if the two sides agreed to slash tariffs; while China recently restarted American soybean imports — a priority for Washington — they remain far below levels from before last year’s trade war. Meanwhile, Chinese officials said they were concerned about new EU measures targeting low-value imports largely from retailers such as Shein and Temu, and called on Brussels to assess their impact. Countries globally remain fearful that China’s surging manufacturing overcapacity is hollowing out their industries.
Beijing said it was willing to buy more US farm goods, but only if the two sides agreed to slash tariffs. Beijing called on the US and the EU to reconsider their levies on Chinese goods, as the country’s exports reached record highs. Beijing said it was willing to buy more US farm goods, but only if the two sides agreed to slash tariffs; while China recently restarted American soybean imports — a priority for Washington — they remain far below levels from before last year’s trade war.
Meanwhile, Chinese officials said they were concerned about new EU measures targeting low-value imports largely from retailers such as Shein and Temu, and called on Brussels to assess their impact. Countries globally remain fearful that China’s surging manufacturing overcapacity is hollowing out their industries.