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The ECB Blog

A European view on central banking and the economy

The ECB Blog offers new insights on the economy and central bank policies based on our data, analysis and research - for the euro area and beyond. Posts are authored by ECB staff and Executive Board members.

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30 July 2025

China-US trade tensions could bring more Chinese exports and lower prices to Europe

With trade tensions between China and the United States reaching new heights, Chinese exports may be redirected to the euro area. In a severe scenario, this additional supply and the accompanying lower import prices could bring down euro area inflation by as much as 0.15 percentage points.

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