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Escalating Trade Game Among China, the U.S., and Europe Poses Severe Challenges to the Global Trading System

2025-03-03
Recently, the international political and geo-economic landscape has been changing rapidly, and the game between China, the United States and the European Union in the field of trade has continued to escalate, attracting global attention.
 
European Commission President von der Leyen recently publicly stated that the EU is ready for difficult negotiations with the United States to deal with the tariff threats that the Trump administration may impose. Von der Leyen stressed that the EU will firmly safeguard its own interests and will not succumb to any form of trade bullying. This statement highlights that the transatlantic trade relationship is facing severe tests.
 
Analysts pointed out that the United States has frequently wielded the tariff stick recently, and its unilateral trade policy has seriously violated WTO rules, which not only harmed the interests of other countries, but also undermined the stability and predictability of the global trade system. The US approach may cause many countries to file lawsuits with the WTO and take corresponding trade retaliation measures, which will further aggravate the fragmentation of the global trade system and have a serious impact on the world economic recovery.
 
In the face of US trade bullying, China and the EU have shown their willingness to strengthen cooperation. The two sides agreed that the multilateral trading system should be jointly maintained and any form of protectionism and unilateralism should be opposed. China and the EU have broad common interests in maintaining global free trade and promoting world economic recovery. In the future, it is expected that communication and coordination will be further strengthened to jointly cope with challenges.
 
However, there are still many uncertainties in the game between China, the United States and the EU in the field of trade. Will the United States continue to implement its unilateral trade policy? Can the European Union withstand the pressure and safeguard its own interests? How will China deal with the complex international situation? These issues will have a profound impact on the global trade pattern and deserve continued attention.
 
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