Significance China has threatened retaliatory measures and started investigations into certain EU food and drink exports. EU member states will vote on whether to uphold or reject the tariffs by November. Impacts France and Spain would be among the most impacted EU countries should China impose counter tariffs. France’s legislative elections on June 30 and July 7 are unlikely to undermine the country’s support for imposing the tariffs. A Trump victory in the November US presidential election could deter European leaders from cooperating with China on trade.
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