EU trade commissioner Sefcovic says to meet with Chinese counterpart on Tuesday | investingLive

As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one.

The EU and other countries are caught in the crossfire of it all and Beijing definitely knows that. However, that’s the price to pay as the trade conflict continues to brew between the US and China – no matter what “deal” they claim to be making.