Catalunya’s trade deficit with China doubles since 2015

Catalunya's trade deficit with China doubles since 2015

Catalunya’s trade deficit with China reached 12.370 billion euros last year, doubling the negative trade balance recorded in 2015 and surging 236% compared to 2005 levels, according to data released by the Spanish government. The 12.370 Billion Euro Gap in Catalan Trade Trade figures released by the Ministry of Economy, Trade and Business show that … Read more

EU Considers Tariffs on Chinese Machinery and Chemicals to Curb Trade Deficit

EU Considers Tariffs on Chinese Machinery and Chemicals to Curb Trade Deficit

The European Union is grappling with a bilateral trade deficit with China that currently runs at approximately 1 billion euros a day, prompting member states and commissioners in Brussels to weigh restrictive new import quotas and tariffs beyond the automotive sector, according to diplomatic reporting. Brussels Eyes New Trade Instruments After Electric Vehicle Quotas Up … Read more