EU to negotiate China quotas on new sectors, mirroring hybrid car deal
EU member state presidents have mandated the European Commission to negotiate quota agreements with China for new sectors, aiming to replicate the hybrid car deal. This signals a shift from tariffs to managed trade in additional industries, though the specific sectors and terms remain unspecified. The move could reduce trade tensions but may face internal EU divisions and Chinese pushback.
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China — 97 developments
EU Broadens Trade Defense Against China Beyond Autos
The EU is broadening its trade defense strategy against China, moving beyond the recent hybrid vehicle import agreement to explore restrictions on additional sectors, notably chemicals and machinery. This shift indicates a hardening EU stance, with member states mandating the European Commission to develop new trade defense tools and negotiate quota agreements, though specific instruments and timelines remain unclear.