World · 7 hours ago
EU warns China to reduce trade imbalance by October or face penalties
The EU's trade chief warned China in November 2023 that it must show "concrete results" to balance trade. In November 2023, Maroš Šefčovič said European leaders wanted progress by an October deadline. In the event of unproductive dialogue, Brussels suggested the use of "defensive instruments" and stated its work on a "diversification instrument" concerning China.
Reported by Euronews.com · How we write briefs