New Zealandโs Trade Deficit With China Widens on EV Imports
New Zealandโs trade deficit with China widened in the 12 months through September amid a surge in imports of electric vehicles and mobile phones.
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New Zealandโs trade deficit with China widened in the 12 months through September amid a surge in imports of electric vehicles and mobile phones.
The EU's goods trade deficit with China reached โฌ359.9 billion in 2025, pushing Europe to diversify suppliers and redirecting trade toward Latin America. The post EU China Trade Gap Pressures Latin America appeared first on The Rio Times.
Two-way trade between January and September was up 25.4% to $144.45 billion, while Indiaโs imports from China continued to rise, up 23.3% to $125.19 billion
The EU's trade commissioner, Maros Sefcovic, arrived in Beijing this Thursday for two days of talks with his Chinese counterpart Wang Wentao. Sefcovic stated his goal of "rebalancing" an "unsustainable trade deficit". One particular area of concern is the auto sector, where Chinese hybrid vehicles have increased their European market share to 25 percent. Also in this edition: Microsoft unveils its new AI-powered PCs in a bid to rival Apple.
The US trade deficit widened sharply in August to the largest since early 2025 as a surge in inbound shipments of capital goods helped push imports to a record.