Goldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manufacturers are increasingly competing with European firms globally. While the EU may adopt a more assertive trade policy, broad tariffs like those seen in the US are unlikely, as the bloc seeks to maintain access to crucial materials from China.

The EU's goods trade deficit with China hit €360.6 billion in 2025 as Brussels meets Beijing to discuss trade defenses, anti-dumping measures, and supply

Goldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manufacturers are increasingly competing with…