China 1—America 0 and soon, a Chinese draw with EU. Chinese Supremacy—American Idiocy
It is obvious that the EU-China trade deficit is only getting worse, partly as a result of US tariffs on China:
May customs data:
China's EU exports up 12%
China's EU imports down 2.37%
> There is a 22% increase in the EU's China deficit in May alone
Yet the Commission thinks it's still "too soon to tell" whether trade is being diverted...
https://www.scmp.com/news/china/diplomacy/article/3314061/eu-says-too-early-say-if-spike-chinese-exports-could-prompt-emergency-measures
It is obvious that the EU-China trade deficit is only getting worse, partly as a result of US tariffs on China:
May customs data:
China's EU exports up 12%
China's EU imports down 2.37%
> There is a 22% increase in the EU's China deficit in May alone
Yet the Commission thinks it's still "too soon to tell" whether trade is being diverted...
https://www.scmp.com/news/china/diplomacy/article/3314061/eu-says-too-early-say-if-spike-chinese-exports-could-prompt-emergency-measures