BRUSSELS—The European Union has called for a joint approach with the United States to tackle China’s “unfair trading practices” as part of a plea to de-escalate commercial tensions with Washington.
In a new report, the European Commission said it is “becoming increasingly important” for the two major powers to work together to counter an aggressive strategy from Beijing, which is aiming to shape future global standards “to their advantage.” Officials suggested pursuing their “joint interest” in monitoring and curtailing China’s growing influence as a means to “lead the way toward a reduction of current trans-Atlantic trade tensions.”
