China, EU reach deal to ‘moderate’ China’s car exports to EU
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- Britain under pressure to put tariffs on cheap Chinese vehicle imports ahead of protectionist trade measures Britain’s car industry is grappling with a “difficult trade-off” between China and Europe, as manufacturers struggle to balance the benefits of both markets ahead of looming trade measures…
- Move would strengthen Britain’s case to be included in new legislation to protect European manufacturing Business live – latest updates The UK is considering whether to impose tariffs on Chinese car imports to align itself with the EU and strengthen its case to be included in new legislation…
- Mood in trade talks said to have changed as EU member states harden demands for protection against Chinese imports EU trade negotiators are heading to China for two days of crunch talks aimed at sealing a breakthrough deal tackling Beijing’s record £1bn-a-day trade surplus by curbing its exports…
- The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
- Commissioner Stéphane Séjourné says bloc will support 46 strategic projects including lithium and rare earths plants The EU is “pulling out all the stops” to fend off an imminent potential trade crisis with China, the industry commissioner, Stéphane Séjourné, has said, as the bloc announced its…
- Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs The EU said it has reached a landmark deal with China to “halve” its sales of hybrid cars in the bloc amid fears surging sales could kill off parts of the…
Coverage
- Talks will focus on the €1bn daily deficit and rare earth export restrictions.
- The EU wants more trade via the "Middle Corridor," which could bring big benefits for Bulgaria. But Tuesday's drone attacks on commercial ships off the Bulgarian coast is a stark reminder of the security risks involved.
- The EU trade envoy said he hoped to make progress in tackling the bloc's "unsustainable" trade imbalance with China. Beijing called for trade disputes to be resolved through equal dialogue.
- An agreement between the EU and China would reduce exports of Chinese electric and plug-in hybrid cars to the 27-member European bloc by up to 50%, according to the EU trade envoy.