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After four months of talks, the EU and China agreed to cap Chinese hybrid car exports at 350,000 units annually and ease rare earth licensing, but Brussels fears the deal may weaken momentum for tougher trade defence measures.
BRUSSELS, Oct 12 (Reuters) - The European Commission is set to lay out potential trade defence measures in December designed to rein in its trade deficit with China and reduce its reliance on the
The EU and China reached a deal Friday to reduce China’s shipments of hybrid vehicles to Europe by half.