EU-China Agree on Measures to Reduce Hybrid Vehicle Exports
European trade commissioner Maroš Sefčovič announced that China has agreed to halve its exports of hybrid vehicles to the European Union. The agreement came after two days of talks in Beijing with Chinese Commerce Minister Wang Wentao, which both sides described as a positive first step toward addressing growing trade tensions. The EU had previously requested voluntary export reductions from China but faced resistance earlier this year. This new deal is part of 16
Topics: EU-China relations hybrid car exports rare earth metals