The EU Is Seeking to Ease Trade Strains With US and China
The world’s three major economic engines are jockeying to reset their trading relationships
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President Donald Trump’s summit with China’s Xi Jinping last week was billed as the most pivotal moment of the year so far for global commerce. But there’s another major trading power soon facing its own showdowns with the world’s two largest economies.
On Tuesday, European Union officials will meet to try to finalize legislation for the bloc’s trade deal with the US. Failure to do so means the EU risks missing Trump’s July 4 deadline to have the accord in place.