Frustration is boiling over as China’s goods trade surplus with the European Union hit 360.6 billion euros ($414 billion) in ?2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%. In fact, French President Emmanuel Macron even suggested a course of action that’s straight out of Trump’s own playbook. “We must take protective measures, safeguard measures,” he said last month, calling for “the European equivalent of Section 301.” Section 301 of the Trade Act of 1974 allows the U.S. to impose tariffs in response to unfair or discriminatory trade practices….
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