17 Hrs
Source:
The Guardian
EU negotiators aim to limit cheap hybrid imports
EU trade negotiators are in China aiming to reach a deal to address Beijing’s record £1bn-a-day trade surplus, primarily by restricting exports of cheap hybrid electric cars. The talks focus on a pilot agreement involving the automotive sector, with the goal of achieving measurable results before an upcoming EU leader summit. Rising protectionist demands reflect changing attitudes among EU member states, with some countries advocating stronger trade defense measures against Chinese imports.
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