European Commission President Ursula von der Leyen calls on China to remain calm, avoid escalating tensions, and seek solutions through negotiation, after Beijing condemned Trump's tariff threats as "blackmail" and declared it would "fight to the end".

She warned that a U.S.-China trade war could lead to an influx of cheap goods flooding the European market.

This conflict does not only affect the U.S. and China; American consumers will turn to buying goods from other countries if Chinese products become too expensive, while the surplus of Chinese goods will spill over to other countries, causing even more severe trade imbalances.