Amid President Trump's tariff offensive, China and the European Union have signaled a potential strengthening of their trade ties, despite the EU's recent efforts to limit Chinese imports in key sectors like EVs and energy.

America's new tariff policy "could end up making China great again," said The Economist. The fallout from Trump's announcement is "creating opportunities to redraw the geopolitical map of Asia in China's favor.

Global stock markets plummeted further on Friday after China said it would strike back at U.S. President Donald Trump with additional tariffs of 34% on U.S. goods, escalating a trade war that has rattled investors and fed fears of a coming recession.

China and the European Union on Thursday threatened to retaliate against President Trump’s reciprocal tariffs as the looming levies unleashed turbulence across world markets and drew ...

Central Asia summit, to be held on April 3-4 in the Uzbek city of Samarkand, is seen by some observers as a potential watershed moment, which can establish Brussels’ Global Gateway strategy as a genuine competitor to China’s Belt and Road Initiative.

After the US president’s blitz of tariffs sparked a global sell-off this week — in a rout that intensified when China retaliated with 34 per cent tariffs of its own — markets will be highly sensitive to any signs that the trade confrontation is escalating.