China Eyes Trade War Targets Across Europe for Retaliation
- Foodstuffs, alchohol are among products hinted at by Beijing
- France, Spain will get hit — Germany too if cars make the list
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As in past disputes, China looks to be readying a series of actions to punish the European Union for its proposed tariffs on electric cars.
Things were different in the big trade war with the US, which featured sweeping penalties on both sides. This time, Beijing’s targeted playbook looks more like the one it deployed against Australia a few years ago — with the government and state media already publicly identifying specific products that could be about to get taxed.