From The Japan Times · No Author · · 40s
EU Takes Firmer Stance on China Trade Practices
EU prepares stronger trade tools to address China’s $1 billion daily deficit amid Beijing talks.
In brief
EU prepares stronger trade tools to address China’s $1 billion daily deficit amid Beijing talks. The EU aims to limit Chinese hybrid vehicle imports to avoid trade war escalation with China. Originally reported by The Japan Times.
EU Trade Chief
The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing.
Trade Deficit
The EU’s trade chief, Maros Sefcovic, meets Chinese Commerce Minister Wang Wentao to address a trade deficit exceeding $1 billion a day.
Safeguard Measures
The EU prepares safeguard measures to limit chinese hybrid vehicle imports, a move that may escalate tensions with china.
The takeaway
The EU aims to limit Chinese hybrid vehicle imports to avoid trade war escalation with China.
