Hinrich Foundation's Elms on EU-China Trade Tensions

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Deborah Elms of the Hinrich Foundation says EU-China trade discussions face significant friction over vehicle imports and currency valuations. She argues that competing positions and leverage on both sides will make it difficult to resolve the trade imbalances.

Deborah Elms, head of trade policy at the Hinrich Foundation, says EU-China trade talks face sharp friction over vehicle imports and currency valuations. She warns that with both sides holding key leverage and competing positions, resolving these trade imbalances will be difficult. (Source: Bloomberg)