As China’s surpluses become unbearable, the EU is edging toward its own Section 301

(Charles Lichfield, L. Daniel Mullaney, and Jessie Yin – Atlantic Council) Over the past five years, the EU’s goods trade deficit with China has ballooned, and in 2022 it reached a peak of nearly €400 billion. At the same time, the EU’s services surplus remains meager, and net positive FDI stocks have stagnated too. While the Chinese market is shrinking for both European products and investment, its output is not slowing at all—and Beijing is increasingly looking to Europe to absorb these goods. – As China’s surpluses become unbearable, the EU is edging toward its own Section 301 – Atlantic Council