๐ฃ President of the European Commission Ursula von der Leyen, in the context of ongoing trade negotiations between the EU and China, made a warning statement addressed to China:
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Our trade deficit with China currently stands at nearly 1 billion euros per day. China controls key links in our supply chains.
Our dependence exceeds 80% for many critical raw materials and 90% forks certain rare earth elements.
We have seen thatm this dependence can be used as a tool of pressure. When dialogue proves insufficient, we must be ready to make full use of our capabilities.
#News #Politics #EU #China
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