Following the U.S. decision to impose a 125% tariff on Chinese goods, China is ramping up engagement with major trade blocs. Chinese Commerce Minister Wang Wentao held virtual meetings with EU Trade Commissioner Maroš Šefčovič and Malaysian Trade Minister Tengku Zafrul. Both sides expressed eagerness to initiate negotiations on market access and electric vehicle pricing, and to redirect exports previously bound for the U.S. toward Europe. China reaffirmed its commitment to strengthening ties with ASEAN and all trade partners.