President of the European Commission Jean-Claude Juncker expressed his concerns on Tuesday, noting that tensions between China and the US would negatively affect the investment climate around the world.
"If investors don't have the feeling that this problem can be solved soon, then the appetite for investments on both sides of the Atlantic and throughout the world is weakening", Juncker said.
READ MORE: US-China Tensions Are a 'Threat' To World Economy — IMF Chief
According to him, a significant portion of global challenges should be seen in the context of the clashes between the two countries.
In the meantime, the US president claimed that his country had been losing "600 to 800 Billion Dollars a year on Trade" for a long time, with about $500 billion in losses because of Beijing's policies.