Europe Backs Trump's China Visit, Seeks to Address Economic Imbalances European Union officials are formally supporting President Donald Trump's upcoming state visit to China, expressing shared concerns with the United States over trade imbalances, industrial overcapacity, and unfair market practices. Valdis Dombrovskis, EU Commissioner for Economy and Productivity, emphasized the bloc's de-risking strategy and commitment to stability in global trade. European Union officials are expressing a formal endorsement of President Donald Trump's upcoming state visit to Beijing in mid-May, signaling a shared interest in addressing relations with China. Valdis Dombrovskis, the European Commissioner for Economy and Productivity and former Prime Minister of Latvia, conveyed this sentiment in an exclusive interview with Breitbart News. Dombrovskis stated that the EU and the U.S. 'share many of the concerns' regarding China, particularly in areas such as trade imbalances, China's industrial overcapacity, and its non-market policies and practices. He also highlighted concerns about China's potential to leverage dependencies on critical resources like rare earth minerals. Dombrovskis elaborated that the EU is actively collaborating with the U.S. on these issues, which are also prominent topics at the IMF Spring Meetings, including global economic imbalances. He emphasized the significant economic stakes involved, noting that while the U.S. is the EU's largest trading partner, China holds the second-largest position. The EU's approach, he clarified, is not about decoupling but rather de-risking, which involves continued engagement while simultaneously addressing imbalances and unfair competition, and mitigating existing or potential dependencies on China. The upcoming state visit by President Trump to meet with Chinese President Xi Jinping, which was rescheduled from early April, occurs amidst ongoing trade disputes between the U.S. and China. This visit follows President Trump's success in securing trade deals with over 85 percent of global GDP since last year's Liberation Day, encompassing agreements with the European Union, Japan, South Korea, India, the United Kingdom, and numerous other nations. Dombrovskis reaffirmed the EU's commitment to the trade deal finalized last summer between President Trump and EU Commission President Ursula von der Leyen, describing it as a crucial factor in providing stability to EU-U.S. trade relations, which represent the largest in the world with an annual trade volume of approximately 1.7 trillion euros. He acknowledged past challenges that have impacted the process, but stressed the EU's dedication to moving forward with the agreement, noting progress within the European Parliament for its approval and assurances from the Trump administration regarding their commitment to the deal's terms. During his interview, Dombrovskis also expressed apprehension about a potential convergence of interests among Russia, Iran, and China, which could aim to destabilize the global economic order. He pointed to the EU's substantial commitment of an additional 90 billion euros over the next two years to support Ukraine. Dombrovskis is currently in Washington for the annual spring meetings of the International Monetary Fund (IMF) and the World Bank Group. The context of these discussions is further amplified by concurrent news events, including insights from Steve Hilton on the Democratic Party's handling of Representative Eric Swalwell, Chairwoman McClain's focus on tax cuts for working families, Stephen Miller's commentary on extending the Iran blockade, and political analyses concerning Democratic strategies against billionaire Tom Steyer. Additionally, news from Canada regarding Freeland's perspective on American economic alignment, an Israeli NGO's war-crimes complaint against Spain's Prime Minister, and Justice Sotomayor's apology for remarks about Justice Kavanaugh add layers to the geopolitical and economic landscape