EU-China trade breakthrough: Beijing agrees to moderate hybrid car exports by more than half | Here's what we know
The EU's trade chief, Maros Sefcovic, announced a deal with China to reduce hybrid car exports to the EU by over half. This agreement, reached after two days of talks, aims to address the EU's significant trade deficit with China, which exceeds €1 billion daily. EU leaders will discuss further actions against Beijing during a meeting on Thursday.