China warned the European Union that trade sanctions could “seriously harm” bilateral trade ties, Reuters reported. The warning from China comes after the European Commission agreed to impose a 47% duty on solar panels from China, which according to EU officials is a safeguard against cheap goods being dumped into the market. Tensions between the EU and China have intensified as the EU pursues 18 active trade investigations into China’s trade practices. A spokesperson for China’s Ministry of Commerce warned the EU that provoking a trade war with China would be like “dropping a boulder on one’s foot.”
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