Merz floats Plaza Accord redux to tame China’s trade practices

Trade tensions between the EU and China are deepening. On June 16, the EU’s trade chief, Maros Sefcovic, said the bloc’s unbalanced trade relationship with China “had reached a point that requires a reset. ” The German chancellor, Friedrich Merz, then criticized Beijing days later for what he claimed were its unfair trade practices. In comments The post Merz floats Plaza Accord redux to tame China’s trade practices appeared first on Asia Times.

Read full story on Asia Times