U.S. Stocks Close Lower Amid AI Safety Concerns<\/a><\/em><\/strong><\/p>\n\n\n\nThe proposed instrument, if introduced, could risk \u201cweaponizing trade policy\u201d and disrupt China-EU and global trade, while adding uncertainty to global industrial and supply chains.<\/p>\n\n\n\n
The CCCEU said unilateral trade measures will not address structural challenges facing European industry, including high energy costs, insufficient investment and the need to strengthen innovation.<\/p>\n\n\n\n
European industry has also experienced the negative impact of similar unilateral trade measures. International trade instruments should not become subject to a \u201crace to the bottom,\u201d nor should unilateral measures replace multilateral rules, the chamber said, calling for the WTO-based multilateral trading system to be upheld.<\/p>\n\n\n\n
The CCCEU said China and the EU are maintaining intensive communication under their Trade and Investment Consultation mechanism and called on European stakeholders to use existing dialogue channels to address differences and concerns.<\/p>\n\n\n\n
It also urged the EU and its member states to maintain a fair, equitable, transparent and predictable business environment and safeguard the legitimate rights and interests of companies, including Chinese firms.<\/p>\n\n\n\n
The chamber said it stands ready to strengthen communication and cooperation with European stakeholders and contribute to an open and stable business environment and China-EU economic and trade cooperation.<\/p>\n\n\n\n
The statement came amid reports that some EU member states are urging the European Commission to accelerate work on an instrument modeled on Section 301 of the U.S. Trade Act, which allows Washington to investigate and respond to what it considers unfair foreign trade practices.<\/p>\n\n\n\n\nhttps:\/\/youtube.com\/watch?v=-T9Tnai4lvI%3Ffeature%3Doembed\n<\/div><\/figure>\n\n\n\n
teleSUR\/ JF<\/em><\/strong><\/p>\n\n\n\nSource: Xinhua<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On Wednesday, the China Chamber of Commerce to the European Union (CCCEU) voiced concern over reports that some European Union member states are pushing for a new EU “301” trade… <\/p>\n","protected":false},"author":2,"featured_media":13431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_ppma_block_editor_authors":"{\"authors\":[42],\"author_categories\":{\"42\":\"1\"},\"fallback_author_user\":\"1\",\"ppma_author_box_select\":\"\",\"selected_authors\":[{\"id\":42,\"display_name\":\"Radio Habana Cuba\",\"is_guest\":1,\"category_id\":\"1\"}]}"},"categories":[2],"tags":[],"ppma_author":[42],"class_list":["post-13429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"authors":[{"term_id":42,"user_id":0,"is_guest":1,"slug":"radio-habana-cuba","display_name":"Radio Habana Cuba","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","author_category":"","user_url":"","last_name":"","first_name":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/posts\/13429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/comments?post=13429"}],"version-history":[{"count":1,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/posts\/13429\/revisions"}],"predecessor-version":[{"id":13432,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/posts\/13429\/revisions\/13432"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/media\/13431"}],"wp:attachment":[{"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/media?parent=13429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/categories?post=13429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/tags?post=13429"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.radiorebelde.cu\/english\/wp-json\/wp\/v2\/ppma_author?post=13429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}