EU foreign policy chief Kaja Kallas told Bloomberg that China is the country that stands to benefit the most from a trade war between the U.S. and EU. Her comments come as the EU imposed 50% tariffs on American whiskey in retaliation for U.S. tariffs on steel and aluminum imports.

The European Union's foreign policy chief says tariffs between Western countries only serve China's interests and is calling for higher defence spending to keep Russia in check.

China stands to gain from the ongoing trade wars between the US and its allies. Read more at straitstimes.com.

At the Group of Seven (G7) meeting in Canada, European Union foreign policy chief Kaja Kallas said the real winner of the ongoing tariff war is China.