Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty
Spanish Prime Minister Pedro Sánchez is in Beijing, his second stop on a two-country tour of Asia which comes against a backdrop of serious geopolitical tensions due to Donald Trump's tariff war.
During his visit to Ho Chi Minh City in Vietnam on Wednesday, Sánchez praised the tariff pause as "a gateway to negotiation and agreement between countries," after Trump suspended levies on most countries, with the exception of China, for 90 days.
Ahead of his visit, the White House warned the Spanish government against cosying up to Beijing.
In an interview with Fox News on Wednesday, Treasury Secretary Scott Bessent said that looking to China instead of the United States would be a "losing bet for the Europeans" and was akin to "cutting your own throat."
Sánchez is the first European leader to make an official visit to China since the escalation of tariff tensions between the US and the rest of the world.
Trade levels between Spain and China continue to increase, but with a marked imbalance in favour of the Asian giant.
In 2024, Spanish imports from China exceeded €45 billion, while exports barely reached €7.4 billion, according to data from the Ministry of Economy.
This places China as Spain's fourth-largest trading partner, its second-largest supplier of goods, but only the twelfth-largest destination for Spanish exports.
"Only multilateralism and solidarity between nations can address these types of global challenges. Spain defends a world with open doors. A world in which trade unites our people and makes them more prosperous," Sánchez said in Vietnam.
Among the products that Spain buys from China are machinery, textiles and consumer goods. In recent years, the import of automobiles and motorcycles has also gained importance.
Spanish companies primarily export chemicals, minerals and industrial components. China has established itself as the leading Asian market for Spanish sales and more than 14,500 Spanish companies maintain trade relations with the country.
But the bilateral investment figures are more balanced, albeit still modest.
In 2023, China allocated €131 million to projects in Spain, while Spanish investment in China reached €91 million.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
