FRANKFURT (Reuters) -Euro zone companies are facing a slowing economy and increased competition from China as U.S. tariffs dent confidence and force rivals to seek new markets, a European Central Bank poll showed on Friday.

China's reliance on exports for economic growth will be a key topic in U.S.-China trade talks this coming week in Stockholm

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

External demand continues to support Chinese economic growth, as the first-half trade surplus surged to a new high of $586bn.

Experts say uncertainty surrounding tariffs and U.S. trade policy is casting a shadow over Indiana’s manufacturing-heavy economy, raising concerns about potential economic softening in the quarters ahead as businesses remain in limbo.

While Philippine exports to the United States are still set to face a 19% tariff, economists expect only limited impact on the country's economy given its relatively low dependence on American demand compared with other Asian economies,