China warns of ‘trade war’ if EU continues to escalate trade frictions

• The responsibility lies entirely with the EU side
• Hopes that EU would meet China halfway and handle differences through dialogue

For some context, the EU launched five new anti-dumping investigations against China in May. That was seen totaling to roughly $1.71 billion. And they are following that up with proposed tariffs on Chinese electric cars. If China were to retaliate, the likes of Germany would be the most at risk given their exposure to trade with China.

This article was written by Justin Low at www.forexlive.com.