πͺπΊπ¨π³β‘οΈ- European Union ministers are calling for agreements with Beijing to restrict Chinese imports in sectors including chemicals, machinery and pharmaceuticals, warning that China's growing trade surplus is damaging European manufacturing. The EU's goods trade deficit with China exceeded β¬370 billion in 2025 and could surpass β¬400 billion this year. European officials have described the surge in Chinese exports as "China Shock 2.0," which is contributing to factory closures and industrial job losses across the continent.
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