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China Threatens Retaliation Over EU Trade Curbs

China pledged to retaliate if the European Union implements new trade restrictions, following a European Commission policy discussion in late May. The warning reflects rising tensions between Beijing and Western trading blocs over market access and commercial terms. Canada announced plans to increase exports to China by 50% by 2030, signaling a shift in trade relationships amid tariff pressures. In aviation logistics, Air China Cargo launched scheduled freighter service from Shanghai to Glasgow Prestwick, shifting three of its four weekly routes from Guangzhou to the northern UK hub. The move strengthens China-UK trade infrastructure. U.S.-China trade tensions persist despite recent high-level discussions, with officials maintaining different positions on commercial priorities.