China Shock 2.0: An EU-China trade war is unlikely despite friction being structural, says economist

    EU-China trade tensions collide with air-conditioner boom

    PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty Images Europe wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is…

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