China's Premier Li speaking as part of the meeting with the EU, President Donald Tusk attending
Comments from Li:
- We need to improve WTO while upholding free trade, rules based order
- Wants to improve authority of WTO
- China wants to seek more balanced trade with EU
- Need to advance investment treaty negotiations with EU, share objective of concluding agreement at an early date
- China will significantly raise its market access, reduce tariff rates
- If any foreign company feels their intellectual property rights are seriously violated, we will deal with their case immediately
Over the weekend US President Trump said the EU was a foe of the US (he was referring to trade):
"I think the European Union is a foe, what they do to us in trade."
As I said at that post … Trump's trade war threats and why he won't back down