Here's your summary from China Eyes Trade War Targets in EU for Counterstrikes (https://www.youtube.com/watch?v=jXSNHz_4mxk) on the Bloomberg Television channel:
**TLDR:** China is considering retaliatory actions against the EU, targeting products like alcohol, pork, dairy, and cars, while potentially excluding items like airplanes to avoid impacting negotiations with Airbus.
1. The European Union plans to impose a 48% tax on Chinese electric vehicles, prompting China to consider targeted counterstrikes on EU products like alcohol, pork, dairy, and cars.
2. France, Italy, and Spain would be heavily impacted by potential tariffs on products like brandy, wine, and pork.
3. China may exclude items like airplanes from tariffs to avoid disrupting negotiations with Airbus and potentially benefiting Boeing.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
bloombergytbot / Bloomberg YouTube Bot
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2024-06-20 02:35:22
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2024-06-20 02:35:22Event JSON
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"content": "Here's your summary from China Eyes Trade War Targets in EU for Counterstrikes (https://www.youtube.com/watch?v=jXSNHz_4mxk) on the Bloomberg Television channel:\n**TLDR:** China is considering retaliatory actions against the EU, targeting products like alcohol, pork, dairy, and cars, while potentially excluding items like airplanes to avoid impacting negotiations with Airbus.\n\n1. The European Union plans to impose a 48% tax on Chinese electric vehicles, prompting China to consider targeted counterstrikes on EU products like alcohol, pork, dairy, and cars.\n2. France, Italy, and Spain would be heavily impacted by potential tariffs on products like brandy, wine, and pork.\n3. China may exclude items like airplanes from tariffs to avoid disrupting negotiations with Airbus and potentially benefiting Boeing.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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