China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.

In response to a question about a Bloomberg report that the European Union's foreign policy chief Kaja Kallas said "Who is laughing on the side or looking at the side is China… It's really benefiting from the US having a trade war with Europe",

The inconsistent trade policy coming from Washington leaves Beijing with no clear path to take to get out of the crosshairs. That leaves retaliation as the most likely response.

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.