EU's imports from China triple its exports, causing over €1bn daily trade deficit

EU's imports from China triple its exports, causing over €1bn daily trade deficit

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A recent study reveals that in July, the European Union's trade deficit with China exceeded €1 billion per day, with imports from China being three times higher than exports to the country. This data emerged just days before a summit between Xi Jinping and Donald Trump, highlighting ongoing trade imbalances between the EU and China.

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Originally published by gnews