{"id":1876,"date":"2026-06-21T12:43:06","date_gmt":"2026-06-21T12:43:06","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1876"},"modified":"2026-06-21T12:43:06","modified_gmt":"2026-06-21T12:43:06","slug":"a-new-trade-war-may-be-brewing-this-time-europe-is-taking-a-page-from-trumps-playbook-we-no-longer-live-in-a-world-of-pink-ponies-and-rainbows","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1876","title":{"rendered":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019"},"content":{"rendered":"
\n

Frustration is boiling over as China\u2019s goods trade surplus with the European Union hit 360.6 billion euros ($414 billion) in \u200b2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%.<\/p>\n

Read more Former VP Kamala Harris says she went through a nine-hour interview to land the job\u2014but she couldn\u2019t escape \u2018gold medal depression\u2019 even when she won<\/a><\/p>\n

In fact, French President Emmanuel Macron even suggested a course of action that\u2019s straight out of Trump\u2019s own playbook.<\/p>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n

\u201cWe must take protective measures, safeguard measures,\u201d he said last month, calling for \u201cthe European equivalent of Section 301.\u201d<\/p>\n

Section 301 of the Trade Act of 1974 allows the U.S. to impose tariffs in response to unfair or discriminatory trade practices. After the Supreme Court struck down the global duties Trump levied last year under the International Emergency Economic Powers Act, he plans to use Section 301 as the linchpin of his crackdown on trade deficits.<\/p>\n

Germany, Poland, the Netherlands and Belgium reportedly backed Macron\u2019s call for new EU powers to quickly impose tariffs on China.<\/p>\n

And in a\u00a0separate joint paper, France, Italy, the Netherlands and Lithuania called on\u00a0the EU to explore a new measure to limit over-reliance on a single country, possibly entailing new tariffs or quotas.<\/p>\n

\n
<\/div>\n<\/div>\n

To be sure, the bloc imposed tariffs on Chinese EVs in 2024 while also launching anti-dumping and anti-subsidy probes against Beijing. But the investigations are dragging on, and the EU\u2019s biggest safeguard measure must be applied globally, meaning trade partners in good standing would be affected as collateral damage. <\/p>\n

For now, the EU is holding off on taking a more aggressive stance, fearing Chinese retaliation, and will instead focus on dialogue while proposing a new law to diversify sources of key \u200csupplies.<\/p>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n

But the EU still faces a massive trade imbalance with China, putting it in a situation similar to the one the U.S. was in leading up to the \u201cLiberation Day\u201d shock last year. While Europe was hit with U.S. tariffs, Trump primarily targeted China. Beijing hit back with its own duties as well as restrictions on rare earth exports. <\/p>\n

\n
<\/div>\n<\/div>\n

Both sides have maintained a ceasefire, but Chinese exports are overwhelming markets elsewhere as U.S. trade barriers are still high.<\/p>\n

Read more NBC\u2019s Tom Llamas climbed from 15-year-old intern to the top anchor chair\u2014and still isn\u2019t satisfied: \u2018If you\u2019re not growing, you\u2019re dying\u2019<\/a><\/p>\n

\n
<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n

With the old global trade regime in shambles, European officials lamented the new world order.<\/p>\n

\u201cWe live in a world of wolves now. We no longer live in a world of \u200bpink ponies and rainbows,\u201d one EU diplomat told Reuters this week. <\/p>\n

The U.S., Europe and other top economies have long urged China to rebalance its growth toward consumer spending and away from over-reliance on exports.<\/p>\n

But Beijing has continued promoting key industrial sectors, and with domestic demand still lethargic, Chinese companies have shipped excess supply overseas, often undercutting local producers. <\/p>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n

At the same time, China has moved up the value chain, meaning its latest export surge is threatening higher-end industries in Europe, Japan, and South Korea.<\/p>\n

Last summer, European Commission President Ursula von der Leyen\u00a0accused China of distorting trade\u00a0and limiting access for European firms. And in the fall, Macron warned the EU may hit China with tariffs to address the trade gap.<\/p>\n

But the law the EU will propose would require companies to diversify their supply chains, as von der Leyen complained that earlier efforts hadn\u2019t compelled businesses to act fast enough.<\/p>\n

At the same time, European officials noted the EU is also taking too long.<\/p>\n

\n
<\/div>\n<\/div>\n

\u201cBack in November, we were talking about how the China situation was intolerable and how we had to take action,\u201d a senior EU diplomat told the Financial Times<\/em>. \u201cAnd here we are again, talking about the same thing.\u201d<\/p>\n

Read more Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

China’s goods trade surplus with the EU hit 360.6 billion euros in \u200b2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%.<\/p>\n","protected":false},"author":1,"featured_media":1875,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tariffs"],"yoast_head":"\nA new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=1876\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"China's goods trade surplus with the EU hit 360.6 billion euros in \u200b2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=1876\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-21T12:43:06+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019\",\"datePublished\":\"2026-06-21T12:43:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876\"},\"wordCount\":691,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/601b8a594e5cc871cd4f22c48a09f02b.webp\",\"articleSection\":[\"Tariffs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876\",\"name\":\"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/601b8a594e5cc871cd4f22c48a09f02b.webp\",\"datePublished\":\"2026-06-21T12:43:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#primaryimage\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/601b8a594e5cc871cd4f22c48a09f02b.webp\",\"contentUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/601b8a594e5cc871cd4f22c48a09f02b.webp\",\"width\":1200,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1876#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\",\"name\":\"Cross Country Moving Team\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/crosscountrymovingteams.com\"],\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/crosscountrymovingteams.com\/?p=1876","og_locale":"en_US","og_type":"article","og_title":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team","og_description":"China's goods trade surplus with the EU hit 360.6 billion euros in \u200b2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%.","og_url":"https:\/\/crosscountrymovingteams.com\/?p=1876","og_site_name":"Cross Country Moving Team","article_published_time":"2026-06-21T12:43:06+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#article","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876"},"author":{"name":"admin","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"headline":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019","datePublished":"2026-06-21T12:43:06+00:00","mainEntityOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876"},"wordCount":691,"commentCount":0,"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/06\/601b8a594e5cc871cd4f22c48a09f02b.webp","articleSection":["Tariffs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/crosscountrymovingteams.com\/?p=1876#respond"]}]},{"@type":"WebPage","@id":"https:\/\/crosscountrymovingteams.com\/?p=1876","url":"https:\/\/crosscountrymovingteams.com\/?p=1876","name":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019 - Cross Country Moving Team","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#primaryimage"},"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/06\/601b8a594e5cc871cd4f22c48a09f02b.webp","datePublished":"2026-06-21T12:43:06+00:00","author":{"@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"breadcrumb":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/crosscountrymovingteams.com\/?p=1876"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#primaryimage","url":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/06\/601b8a594e5cc871cd4f22c48a09f02b.webp","contentUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/06\/601b8a594e5cc871cd4f22c48a09f02b.webp","width":1200,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/crosscountrymovingteams.com\/?p=1876#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/crosscountrymovingteams.com\/"},{"@type":"ListItem","position":2,"name":"A new trade war may be brewing. This time, Europe is taking a page from Trump\u2019s playbook \u2014 \u2018We no longer live in a world of pink ponies and rainbows\u2019"}]},{"@type":"WebSite","@id":"https:\/\/crosscountrymovingteams.com\/#website","url":"https:\/\/crosscountrymovingteams.com\/","name":"Cross Country Moving Team","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/crosscountrymovingteams.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/crosscountrymovingteams.com"],"url":"https:\/\/crosscountrymovingteams.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/1876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1876"}],"version-history":[{"count":0,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/1876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/media\/1875"}],"wp:attachment":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}