economyBeijing, China
EU-China agree to curb hybrid-car exports in landmark trade deal
The EU and China agreed a four-year deal limiting Chinese hybrid-vehicle imports to 350,000 a year from December, expected to halve China’s market share. The 16-point agreement also covers rare earths, tariffs and EU food and drink access, while talks continue.
1.18BEUR per day▲ from 1B
The EU-China trade deficit in July 2026 was EUR 1180000000 per day.