German Foreign Minister Johann Wadephul has warned that Europe must be “extremely cautious” about slapping tariffs on China, as it could prompt Beijing to take countermeasures that could turn into a “spiral”. The remarks came after French President Emmanuel Macron said he had told Beijing during his visit to China last week that Europe would be forced to take “strong measures” against Chinese goods if the trade imbalance was not addressed. “I told them that if they do not react, we Europeans…
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