Taiwan's Neighbors Adapt: China and Spain Forge Pork Trade Deal Amid Rising US-China Tensions

As trade wars escalate, China shifts focus, securing a significant pork deal with Spain, impacting global trade dynamics.
Taiwan's Neighbors Adapt: China and Spain Forge Pork Trade Deal Amid Rising US-China Tensions

In the wake of escalating trade tensions between the United States and China, the world's second-largest economy, China, is actively fortifying its relationships with the European Union. On the 11th, China and Spain signed two agricultural trade protocols, focusing on pork and cherries, signaling a significant shift in global trade partnerships.

According to Reuters, the Spanish Prime Minister, Pedro Sanchez, visited China from the 10th to the 11th. On the 11th, he announced the agreement in Beijing. This agreement arrives amidst heightened tariffs imposed by the United States under President Donald Trump on Chinese imports, reaching 145%. In retaliation, China has increased tariffs on American goods to 125%, making this deal even more important.



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