Daily Memo: EU-China Trade, Houthi Attacks

China is now the bloc's top trade partner.

China’s strategic advantage. China surpassed the United States as the European Union’s top trade partner at some point in the past year, according to new data from Eurostat. EU trade with China reached some $711 billion in 2020, compared to $673 billion with the U.S. EU exports to China rose 2.2 percent, while imports jumped 5.6 percent. Beijing is banking on this generating strategic advantage. Houthi attacks. Houthi rebels are intensifying their assault on the Saudi-backed and internationally recognized government in Yemen. In the city of Marib, the Houthis have launched attacks on multiple fronts in the past 24 hours. And the Saudi-led coalition said it intercepted two drone attacks targeting the Saudi city of Khamis Mushait – the fifth Houthi attack on Saudi Arabia in four days. Israeli opposition. Israel’s ambassador to the United States told Israel’s Army Radio that his country would not support a move by the Biden administration to return to the 2015 nuclear deal with Iran. He said only “crippling sanctions” and a credible military threat could force Iran to the negotiating table. Meanwhile, Iran’s president and foreign minister met on Sunday with the foreign minister of Qatar, which has helped mediate U.S. relations with […]

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