🇪🇺🇨🇳⚡️- The EU is moving toward a potentially major trade confrontation with China as its trade deficit with Beijing exceeds $1 billion per day.

European lawmakers voted 454-86 in favor of tougher measures if China fails to open its markets, while the EU's top trade official begins negotiations in Beijing today.

France and Germany are pushing for stronger enforcement mechanisms, including the possible use of the EU's Anti-Coercion Instrument, as Chinese exports place growing pressure on European manufacturing.