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7.6
China-EU strike surprise trade deal, averting hybrid car tariff war
South China Morning PostLO·CN · EU · BE·3 days ago
EU heads of state will instruct the European Commission to urgently develop new trade defense instruments to counter perceived imbalances from China's economic policies, following a surprise EU-China deal capping Chinese hybrid car imports. The move signals escalating EU-China trade tensions despite recent bilateral agreements, with specifics of the new tools still undefined.
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