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China seeks help from the EU: trade war with USA is coming to a head!
China is seeking an EU partnership via BRICS to counter economic 'encroachment' amid growing tensions with the US.
China seeks help from the EU: trade war with USA is coming to a head!
Bam! The global economy is upside down, and the main player is China! In a stunning move, the country wants to enlist the EU as a new partner to tackle the US and its “abuses”. Soaring tariffs of up to 245% threaten to disrupt trade relations and global markets are in turmoil. None other than JPMorgan boss Jamie Dimon warns: How much damage can this trade war cause? A question that hangs over the Western powers like the sword of Damocles. According to information from watcher.guru China brings its BRICS allies into play and hopes for EU support against American policies.
China's ambassador to Spain, Yao Jing, makes it clear: "Hostility? Not with us! We rely on partnership." The EU is praised for its multilateral approach and opposition to Trump policies. This move could reshuffle the deck as the US becomes more isolated. Because both the EU and the USA are stumbling in negotiating a new trade deal, while China is approaching the EU with open arms. It remains to be seen whether the plan will work against US strategy. One thing is certain, however: the struggle for global trade supremacy is entering the next round! A deeper insight into the topic is provided the post on watcher.guru.