Tag: trade deficit

  • Surplus Shock

    China’s trade surplus with the European Union hits an all-time high just as Brussels switches on its toughest trade defences in a generation, with duties on Chinese plug-in hybrids waiting in the wings. BRUSSELS, July 20, 2026. The uncomfortable arithmetic of Europe’s trade relationship with China caught up with Brussels this month. China’s trade surplus…

  • License to Wait

    Five days before a 50th anniversary summit in Beijing, the European Union’s campaign to unblock China’s rare earth export licensing backlog has become the defining test of a trade relationship strained by a record deficit and a month of tit-for-tat measures. BRUSSELS, July 19: When European Commission President Ursula von der Leyen and European Council…

  • EU Duty Threat

    Brussels warns that dialogue with Beijing “will not suffice” and signals unilateral tariff action, as China’s trade surplus with the European Union surges to a record high ahead of an October deadline for talks. By the International Trade Desk, Peacock Tariff Consulting BRUSSELS, July 15, 2026. The European Commission has put Beijing on notice that…

  • Refund Flood

    Treasury pays back $49.2 billion in invalidated tariffs in a single month, flipping last June’s celebrated surplus into a $120 billion deficit, with less than half the refund bill settled and a new generation of duties queued up to replace the old ones By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 14, 2026…

  • Gap Jumps 42%

    The trade deficit swells to a 14 month high of $77.6 billion in May, a stinging data point that lands 17 days before the tariff wall built to shrink it expires and as Washington races to erect its replacement By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 8, 2026 The statistic that has…

  • Left With Few Choices: Inside the EU’s Trade Fight With China

    Left With Few Choices: Inside the EU’s Trade Fight With China

    On 3 June 2026, reporting from Brussels confirmed what European industry had been bracing for through a long, anxious spring: the European Union is preparing to warn its own citizens and companies that a trade conflict with China is now the most likely path forward. After a closed-door meeting of senior Commission officials, the message…