Indeed, most of the rise in the trade deficit of the EU with China is explained by our imports of: (i) Information Communication Technology (ICT) products (33% of total EU imports from China); and (ii) textiles and clothing (13.2%). China is indeed the main source of EU imports for these two types of goods.
In the United States, domestic demand has not been recovering as quickly as expected, which has negative implications for Canadian exports, at least over the short term. Consumer spending continues to underpin economic activity in that country. However, business fixed investment has not yet picked up.