Former Slovak Finance Minister Ivan Mikloš has cautioned that China represents a more significant threat to European industry than the policies of Donald Trump. Mikloš argues that China’s competitive advantage stems from a combination of lower production costs and substantial export capabilities. He highlights concerns over what European companies perceive as predatory and unfair competitive practices employed by Chinese firms. These practices are seen as actively undermining the competitiveness of European manufacturers. Mikloš specifically emphasized the particular risk this poses to Slovakia. The warning suggests a need for increased European vigilance and strategic responses to address the growing economic influence of China.