US-China rivalry reshapes global trade, Europe caught

DW World · world

The US-China rivalry is significantly reshaping global trade, leaving Europe in a difficult position between US trade policies and China's export capabilities. As President Xi Jinping visits Washington to meet President Trump, hopes for progress in the ongoing trade war remain uncertain, with a previous summit yielding no tangible results. Both nations are competing intensely, particularly in artificial intelligence, with the US restricting chip exports and China limiting rare earth elements.