Chancellor Merkel and President Xi will discuss Germany and China’s trade relations among other topics. While that won’t lead to a trade deal – the EC has the reserved right to negotiate those – they will likely discuss President Trump’s protectionist policies. Both countries face limits on their metals and (potentially) automotive sectors. Trade between Germany and China countries has begun to take off with a 14% rise in combined imports and exports in the 12 months to April 30 vs. a 3% annual decline in the prior three years. China’s exports to Germany are currently led by computing (1...
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