June 21, 2024 2:35 PM

China says EU escalation of trade friction could trigger ‘trade war’

China's commerce ministry said on Friday the European Union has continued to escalate trade friction, which "may trigger a "trade war". "Responsibility lies entirely with the EU side," a ministry spokesperson said in a statement. China hopes the EU will meet it halfway, handle difference through dialogue and avoid escalating trade friction or allowing it to get out of control, the spokesperson said. Last week, the European Commission proposed tariffs of up to 38.1% on electric vehicle imports...