The U.S. Commerce Department announced last Monday that it prohibited American companies from selling components to ZTE, one of the biggest tech companies in China, for seven years. The Chinese side responded to this action by introducing a huge import charge on US shipments of sorghum mentioning that it will defend multilateralism and free trade […]
EU-China trade: closer ties as US-China trade battle brews
Filed Under: China, China-EU 40 Years, EU China Relations, EUGlobe, Policy, Trade, USA Tagged With: Alexander Van der Bellen of Austria, Beijing, Belt and Road Initiative, Boao Forum for Asia Annual Conference 2018, China, Chinese economy, Donald Trump, EU, Hua Chunying, import tariffs, intellectual property rights protection, investment environment, Li Keqiang, President Xi Jinping, Prime Minister Mark Rutte, Tim Lust, Trade, U.S., U.S. Commerce Department, ZTE