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China has long been the EU’s leading origin of imports of goods, including primarily electrical equipment, machines and mechanical parts. While China is also a large destination of EU exports of goods, these are much lower than imports (source: Eurostat). Vchal/Shutterstock (no reuse)

How World Trade Organization reform could help address the EU‑China trade imbalance

The US and China have extended their trade truce till January. Meanwhile, EU-China export/import imbalances persist with sticking points, including voluntary export curbs and industrial policy reform.
Oil-related prices are high, but poised to go even higher. Afry Harvy/iStock / Getty Images Plus

Why fuel prices may go higher still

Seven months into the US conflict with Iran, with no clear end in sight, the global oil market has now largely exhausted the safety measures that exist to keep a lid on petroleum prices.

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