BEIJING: The European Union ought to safeguard its pursuits and make the “rational alternative” of turning additional in direction of China given the uncertainty generated by the brand new administration in the USA, China’s state-run World Occasions mentioned in an editorial.
The EU’s commerce chief, Maros Sefcovic, is because of land in China this week after visiting the USA on Tuesday (Mar 25) to appease ties strained this month when each side threatened retaliatory counter tariffs on items value billions of {dollars}.
On Wednesday, a day after Sefcovic’s go to, US President Donald Trump mentioned he would impose new tariffs on imported automobiles in a transfer that may batter European automakers, significantly German automobile producers, which rely on the USA for nearly 25 per cent of their auto exports.
European Fee President Ursula von der Leyen mentioned the US resolution was “unhealthy for companies, worse for shoppers,” and that the EU would proceed to hunt negotiated options whereas safeguarding its financial pursuits.
“Because the uncertainty of US coverage will increase, China, as a serious international energy, is turning into more and more distinguished for its stability and reliability,” the World Occasions, a nationalist tabloid, wrote within the editorial revealed late on Wednesday.